特朗普模因硬幣（特朗普）經歷了代幣解鎖活動，下降了7％以上

在過去的幾天裡，官方的特朗普模因硬幣一直在銷售壓力，其每週的表現已經下降了7％。

The official TRUMP meme coin has been experiencing sell pressure over the last few days, with its weekly performance already down by over 7%.

在過去的幾天裡，官方的特朗普模因硬幣一直在銷售壓力，其每週的表現已經下降了7％。

Chances are that the meme coin may continue to experience sell pressure during the weekend.

模因硬幣可能會在周末繼續遇到銷售壓力。

The bearish TRUMP meme coin expectations were largely based on the fact that it was slated for a major token unlock on 18 April.

看跌的特朗普模因硬幣的預期在很大程度上是基於4月18日的主要令牌解鎖的事實。

Roughly 40 million TRUMP tokens were slated to be released into the market, effectively increasing its supply.

大約有4000萬個特朗普令牌被釋放到市場上，有效地增加了其供應。

The incoming TRUMP meme coin tokens from the unlock represent roughly 20% of its circulating supply.

來自解鎖的特朗普模因硬幣令牌大約佔其循環供應的20％。

Such a significant amount added to the supply is expected to impact TRUMP token price. Especially considering the low demand conditions that prevailed in recent weeks.

預計供應的大量增加將影響特朗普代幣的價格。特別是考慮到最近幾周盛行的需求較低。

Bearish TRUMP Meme Coin Expectations Lead To Surge In Negative Funding Rates

看跌的特朗普模因硬幣期望導致負面資金率激增

It was abundantly clear that token unlock event triggered a massive spike in bearish expectations for the TRUMP meme coin.

很明顯，代幣解鎖事件引發了對特朗普模因硬幣的期望，引發了巨大的激增。

Its open interest weighted funding rates spiked to 0.0778% which was the highest observed in history.

它的開放利息加權籌資率飆升至0.0778％，這是歷史上最高的。

This surge in funding rates signaled that TRUMP meme coin was about to experience more volatility.

資金率的激增表明，特朗普模因硬幣即將經歷更多的波動。

It was also a sign that the market was reacting to the incoming token unlocks. Spikes in negative funding rates historically indicate a surge in bearish expectations.

這也表明市場對即將到來的代幣解鎖做出了反應。在歷史上，負資金率的峰值表明看跌期望值激增。

The recent spike may thus signal that the token unlock could lead to more bearish activity. The incoming tokens will be worth roughly $306 million.

因此，最近的尖峰可能表明令牌解鎖可能會導致更多的看跌活性。傳入的代幣價值約3.06億美元。

Although most analysts maintained an overall bearish expectation for the TRUMP meme coin, its spot flows maintained a positive trend.

儘管大多數分析師對特朗普模因硬幣保持了總體看跌期望，但其現貨流動保持了積極的趨勢。

Roughly $1.99 million were observed in the last 24 hours. This also raised the possibility that whales might play the market and force a rally.

在過去的24小時內觀察到了約199萬美元。這也提出了鯨魚可能在市場上投放市場並迫使集會的可能性。

Such an outcome could potentially trigger a massive wave of liquidations.

這樣的結果可能會引發大量清算浪潮。

TRUMP Meme Coin Excitement Triggers Higher Volumes

特朗普模因硬幣興奮會觸發更高的量

Trading activity around the official TRUMP meme coin registered a 23.19% volume surge in the last 24 hours, pushing derivatives volumes as high as $853.68 million.

在過去24小時內，圍繞官方特朗普模因硬幣的貿易活動量增長了23.19％，將衍生品數量高達8.5368億美元。

Meanwhile, open interest surged 10.56% to $302.47 million. As far as price action was concerned, the meme coin exchanged hands $7.70 at press time.

同時，開放利息飆升了10.56％，至3.0247億美元。就價格行動而言，模因硬幣在發稿時交換了7.70美元。

This was equivalent to a 90% discount from its ATH. Also, the Official TRUMP meme coin was down by 0.33% in the last 24 hours.

這相當於其ATH折扣90％。此外，在過去的24小時內，官方的特朗普模因硬幣下降了0.33％。

Token Unlock Impact

令牌解鎖影響

This could indicate that the downside observed earlier this week may have factored in the token unlock and this further highlights the risk of leveraged short liquidations.

這可能表明，本週早些時候觀察到的缺點可能會考慮到令牌解鎖中，這進一步凸顯了槓桿短期清算的風險。

TRUMP coin had $765,020 worth of total liquidations in the last 24 hours. Majority of those were long liquidations at $623,440 while the remaining minority were short positions.

在過去的24小時內，特朗普硬幣的總清算價值為765,020美元。其中大多數是長期清算，售價為623,440美元，而其餘的少數則是短職位。

This ratio could change within the next 24 hours depend on how key participants in the market will respond to the token unlock.

該比率可能在接下來的24小時內發生變化取決於市場中的主要參與者將如何響應令牌解鎖。

Speaking of impact, the meme coin had 199.9 million tokens in circulation which means was still classified as a small cap.

說到影響，模因硬幣的流通中有1,990萬個令牌，這意味著仍然被歸類為小上限。

The token unlock will bring that figure up to roughly 240 million tokens which means it will still be categorized as a small cap.

令牌解鎖將使該數字達到約2.4億個令牌，這意味著它仍將被歸類為小帽子。

If the market demand and supply forces remain unchanged, then the new circulating supply could pull down the price towards the $6.5 price level. This is assuming that the marketcap remains constant.

如果市場需求和供應力保持不變，那麼新的循環供應可能會將價格降低到6.5美元的價格水平。這是假設市場上限保持不變的。

It is also worth noting that the Official TRUMP meme coin has a maximum supply of about 1 billion tokens. This means there will be more token unlocks down the road, which could further dilute the meme coin’s long term value.

還值得注意的是，官方的特朗普模因硬幣的最大供應約為10億個令牌。這意味著將有更多的令牌解鎖，這可以進一步稀釋模因硬幣的長期價值。