- Greater than $100 million value of Trump and Melanie meme cash saved in some wallets
- Round 60 wallets maintain the biggest earnings, which vary from $1 million to $10 million.
- 80% of Trump and Melanie’s holders are buyers with lower than $1,000 in Solana belongings
Nearly all of crypto wallets holding Trump and Melania meme cash are making little revenue, suggesting retail shopping for exercise.
That is in response to information from Chaineries, a blockchain forensics firm. A put up on X checked out buyers buying and selling within the Trump Memecoin and Melania Memecoin, which have been launched forward of President Donald Trump’s inauguration on Monday.
We discovered that 77% of wallets earned lower than $100. Nonetheless, some wallets maintain greater than $100 million every. A breakdown of the findings reveals that over 600,000 wallets that break even or have lower than $100 in income fall into this share class.
Small quantities, round 60 wallets, provides you with the utmost revenue, amounting to $1 million to $10 million.
6/8 📈By way of revenue, greater than 77% of the wallets held $tramp As of January twenty first, whales have earned lower than $100, however 60 whales have earned greater than $10 million. Though nonetheless in its early phases, this #Not funding recommendation pic.twitter.com/5ZFZW1hE3V
— Chainaosis (@chainaosis) January 23, 2025
new particular person investor
In accordance with Chainalysis, new particular person buyers are stated to be investing in these meme cash.
Wanting on the survey outcomes, it’s acknowledged that:
“Additional indicative of retail reputation is that over 80% of $TRUMP and/or $MELANIA holders are buyers who don’t personal $1,000 value of belongings in Solana.”
Moreover, it added that fifty% of Trump and Melania token holders had by no means bought Solana altcoins, and “almost half of the patrons created a pockets on the day they bought the tokens.”
Nonetheless, many have criticized President Trump’s meme cash, claiming that he’s solely doing it to extend his private wealth. “It is solely a matter of time earlier than lots of people lose cash from this,” billionaire businessman Mark Cuban stated, as reported by the Guardian.
On the time of publication, Trumpcoin is buying and selling at over $37 and has a market capitalization of $7.3 billion. When launched on Friday, January 17, the token peaked at greater than $75, giving it a market cap of almost $15 billion, in response to information from CoinMarketCap.
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