American Bitcoin Token Falls 40% After Lockup Expiry
The cryptocurrency linked to Eric Trump dropped sharply following the expiration of its investor lockup period.
BTC
Summary
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Terms & Concepts
- Lockup Period: A predetermined time during which investors are restricted from selling their holdings, often used to stabilize prices after token launches.
- Token: A type of cryptocurrency representing a project, asset, or utility, often issued on a blockchain.