Odaily Planet Daily News: A batch of Trump memecoins that will be unlocked this week will not only test the real demand in the cryptocurrency market, but may also increase the billionaire president's net worth by nearly $100 million. According to encryption research firm Messari, entities associated with Trump will begin to gain permission to sell 90 million tokens starting from Thursday. Calculated at a price of approximately $10.30 per token on Wednesday, the total value of tokens unlocked this week is close to $930 million. The so-called 'unlocking' means that early investors or insiders who were previously unable to sell due to internal regulations can now freely trade these tokens. When it was first issued on January 17th, there were about 200 million "Trump coins" in circulation, and this unlocking will increase the circulation supply by 45%. According to Gauntlet, a cryptocurrency risk modeling company, as of mid June, Trump has profited approximately $150 million from the sale and trading of the cryptocurrency. (Golden Ten)
