Melania Token Unlock Set for February 19 to 20

The team behind the Melania even Coin, recently launched by First Lady Melania Trump, will begin to unlock her tokens allocated on February 19 or 20.

According to the project to unlock the project, 3% of the total offer – equivalent to 30 million tokens worth around 39 million dollars – will be published.

Melania’s first unlock

The tokens of the Melania team were initially locked for 30 days, the first unlocking that occurs after this period. Following this, an additional 2.25% (22.5 million tokens) will be unlocked each month in the next 12 months in accordance with the last update of the EmbercN. In total, 30% of the token supply will be unlocked over a period of 13 months.

After the launch of President Donald Trump’s play in January, first lady Melania Trump presented her own cryptocurrency, Melania. When it started, the token caused a sharp 50% drop in her husband’s medal. Melania experienced her peak on launching day when he received $ 13.73.

However, like Trump, he quickly suffered a significant drop and ended up falling by more than 90% and crashed at $ 1.3 in February. Due to the subsequent volatility of the market, Melania has experienced an additional drop and is currently negotiated at $ 1.26. It was dropped by almost 4% in the last 24 hours.

$ 649 million in crypto unlocking entering

When the tokens are unlocked, the power supply develops. This could potentially increase sales activity and lead to greater price volatility in the middle of the existing downward pressure.

Zoom out, there is more unlocking tokens that could exert pressure on the market. In fact, the data compiled by the Tokenomist revealed that in the next seven days, token unlocking totaling more than $ 5 million will take place. In addition to Melania, it would have an impact on several other tokens such as Mura, FTN, QAI, Mrs, IMX, APE, ID and Pixel.

At the same time, large -scale linear unlocks will involve tokens, including Sol, WLD, Doge, Tia, Avx, Tao, Suis, Dot, Netter, JTO, ENS, Fil and OM. The estimated total value of all unlocks should exceed $ 649 million.