Chainalysis Reports Majority of Trump Coin Holders Are New Retail Investors
The recent Chainalysis report on the Trump coin launch reveals key insights:
- Majority of holders possess less than $100, indicating retail ownership.
- Most wallet holders are new to crypto, with many having opened their wallets recently.
- Only 16% of holders have maintained their wallets for over a year.
Rob Hadick from Dragonfly questioned whether these new holders will engage actively in the crypto ecosystem. He noted that while 50% of TRUMP/MELANIA token holders are new to SOL altcoins, this does not guarantee meaningful participation or capital contribution to the broader market.
Hadick emphasized the distinction between interest and action, suggesting that curiosity about crypto does not equate to mass adoption at this stage.