TRUMP and MELANIA holders mostly make less than $100

GhSo...taPv
29 Jan 2025
49

The TRUMP and MELANIA memecoin craze has helped attract many new users to crypto and blockchain. However, the 2 memecoins only brought huge profits to a few early buyers, while most small investors did not make a profit.

The TRUMP and MELANIA fomo fever has gradually cooled down, but the echoes of the "lifetime" trades are still there. On social network X in recent days, people have been competing to share wallet addresses that bought the 2 memecoins early, and made millions of dollars in just a few short hours.

We also have some posts sharing like this:


This information, along with the "to the moon" price chart of TRUMP and MELANIA, has made the community mistakenly believe that everyone is making a lot of money from this memecoin craze. However, is that really true?

TRUMP has indeed been a huge boon for early investors - those who bought in early. With 60 "whale" wallets earning over $10 million each.

But that's just a small minority. In fact, the top 40 wallets hold 94% of TRUMP and/or MELANIA, indicating a concentration of wealth in the hands of the "big guys".


What about the retail investors?


According to Chainalysis, 77% of TRUMP holders earned less than $100, while more than 80% of TRUMP or MELANIA holders own less than $1,000 worth of assets on Solana.


About 50% of these are likely "newbies", accessing the Solana blockchain for the first time to buy tokens. This is also a positive sign, showing that memecoin has indeed helped attract a large number of new users.


“Most wallets holding TRUMP and/or MELANIA hold less than $100, indicating that they are retail investors.”


Chainalysis concluded that President Trump’s official memecoin has brought huge profits to early buyers, but not to many others.


Meanwhile, the early buyers are mostly degens, whale wallets, veteran players with sophisticated tools to detect the best “deals” as soon as possible. It was only when the press reported the news that the fomo community found out that ordinary investors rushed to buy.

The price of TRUMP has fallen to around $34 after the hype, with a market capitalization of approximately $7 billion. Compared to the ATH of $73, the current price has decreased by 53%.

The price of MELANIA has dropped nearly 80% from ATH, currently with a market capitalization of only about $400,000. Not to mention the coin This has only been released for less than a week, but has already dumped so deeply that there is no way back...


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