官方特朗普（特朗普）預計其第一次解鎖的效果

特朗普官方（特朗普）預計在4月17日之後的第一次解鎖。將其模因潛力與社區建設相結合的代幣可能會更快地失去價值

Official Trump (TRUMP) anticipates the effect of its first unlock. The market will have to absorb the first unlocked tokens coming on April 17.

特朗普官方（特朗普）預計其第一次解鎖的效果。該市場將不得不吸收4月17日推出的第一個解鎖令牌。

Official Trump (TRUMP) expects its first unlock after April 17. The token, which mixes its meme potential with community-building, may lose value even faster after the unlocks.

特朗普官方（特朗普）預計，它在4月17日之後的第一次解鎖。將其模因潛力與社區建設相結合的代幣可能會在解鎖後更快地失去價值。

Ahead of the unlocks, TRUMP fell to a lower range, from $8.47 down to $7.99. The token has erased most of the holders’ value, even as only 20% of the supply is unlocked. The market will potentially see an inflow of 40M unlocked tokens, currently valued at $330M. The tokens belong to one of the biggest creator wallets, currently holding 39% of the supply.

在解鎖之前，特朗普從8.47美元下降到7.99美元。令牌消除了大多數持有人的價值，即使只有20％的供應已解鎖。市場可能會看到4000萬個解鎖令牌的流入，目前價值3.3億美元。代幣屬於最大的創建者錢包之一，目前持有供應量的39％。

TRUMP will also be the biggest token unlock for this week, becoming a test for the market, as most traders have lost interest in altcoins. Meme tokens retain some of their activity, mostly driven by FARTCOIN. The TRUMP token may get a boost from the growth in the Made in USA narrative, as well as the general weekly recovery of meme tokens, based on Alphanomics data.

特朗普也將是本週最大的代幣解鎖，成為對市場的考驗，因為大多數交易者對山寨幣失去了興趣。 Meme令牌保留了他們的一些活動，主要是由Fartcoin驅動的。特朗普的代幣可能會從美國製造的敘述中的增長以及基於字母組合數據的一般每週恢復模因代幣的增長。

Most of the tokens held now are part of the public distribution, where the earliest buyers paid premium prices for TRUMP. Despite the initial enthusiasm and high liquidity, TRUMP is on track to lose 90% of its value.

現在，擁有的大多數令牌是公共分銷的一部分，最早的買家為特朗普支付了保費。儘管最初的熱情和流動性很高，但特朗普仍在損失其價值的90％。

The current unlocks will continue for the next two years, gradually inflating the supply from 200M up to 1B tokens in circulation. The unlocks are seen as another source of price pressure, but may also trigger unpredictable short-term moves. Some expect the unlocks to bring a pump caused by market markets, so the team can cash out faster and at a higher price range.

目前的解鎖將在接下來的兩年中繼續進行，將供應從200m升至流通中的1B令牌。解鎖被視為價格壓力的另一個來源，但也可能觸發不可預測的短期動作。有些人希望解鎖會帶來由市場市場引起的泵，因此團隊可以更快地兌現，價格更高。

Traders are reluctant to short TRUMP

交易者不願意短特朗普

Ahead of the unlocks, TRUMP trades on a mix of decentralized liquidity pools and a Binance centralized pair. The token’s trading volumes are increasing again, going over $500M in the past few days.

在解鎖之後，特朗普交易了分散的流動性池和binance集中賽的混合。代幣的交易量再次增加，過去幾天超過5億美元。

Ahead of the unlock, the TRUMP market saw an outflow of derivative traders, aiming to avoid the potential volatility. The open interest fell to 200.03M, down from over $240M over the weekend.

在解鎖之前，特朗普市場看到了衍生品交易者的流出，旨在避免潛在的波動。開放興趣降至20003萬，從周末超過2.4億美元下降。

Despite the expectations of a price drop, short positions make up around 34% of open interest. The long/short ratio increased slightly, showing risk-averse behavior. TRUMP has no directional guarantee, as the unlocked tokens will be granted to the team at virtually no cost. It remains uncertain if the team will try to realize profits even at this lower price range.

儘管期望價格下跌，但短職位佔開放率的34％。長/短比率略有增加，顯示出規避風險的行為。特朗普沒有方向性的保證，因為未鎖定的令牌將以幾乎沒有成本授予團隊。即使在這個較低的價格範圍內，團隊是否仍會嘗試實現利潤。

Whales still sell TRUMP ahead of the unlock

鯨魚仍然在解鎖之前出售特朗普

Social media accounts hold some expectations that the TRUMP unlock may be bullish. However, top traders are divesting more of their holdings. The top TRUMP trader whale has realized more than $29M in profits. The same whale continued to place sell orders for TRUMP as of April 14.

社交媒體帳戶對特朗普解鎖可能是看好的期望。但是，頂級交易者正在剝離更多的股份。特朗普交易者鯨魚的最高利潤超過2900萬美元。截至4月14日，同一條鯨魚繼續下達特朗普的銷售命令。

TRUMP is a relatively obscure token, despite the active narrative around the US President. The asset is mostly swapped actively by meme token whales, some of which switch between memes for the best chances of short-term profits.

儘管在美國總統周圍進行了積極的敘述，但特朗普還是一個相對晦澀的代幣。資產主要由模因鯨魚積​​極交換，其中一些鯨魚在模因之間切換，以獲得短期利潤的最佳機會。

TRUMP sees high-velocity activity between wallets, including potential market-makers. One of the top 10 whales is actively transacting with Binance’s wallets, potentially preparing for more volatile price action.

特朗普認為錢包之間的高速活動，包括潛在的營銷商。十大鯨魚之一正在用二元錢包進行積極交易，這有可能為更揮發的價格行動做準備。

Bubblemaps data shows the formation of several wallet clusters with high-velocity token transfers. The token is not present in Kamino lending vaults to be used as collateral, and trades outside of the currently trending Solana meme tokens.

氣泡數據顯示了具有高速令牌傳輸的幾個錢包簇的形成。卡米諾貸款保險櫃中不存在代幣，用作抵押品，並且在當前流行的Solana Meme令牌之外進行了交易。