TRUMP Memecoin Generated Over $70 Million in Gains for Early Buyers
Donald Trump’s official memecoin has shown mixed results for investors, according to Chainalysis.
- 60 influential token holders (whales) realized profits exceeding $10 million each.
- The majority of retail investors were at break-even as of Thursday.
- After 1 billion $TRUMP tokens were minted, four wallets received most funds for liquidity.
- 77% of TRUMP holders earned less than $100; over 80% held less than $1,000 on the Solana blockchain.
- 50% of token holders were likely first-time buyers in the Solana market.
- 40 whales holding over $10 million accounted for approximately 94% of overall token possession.
- $TRUMP prices dropped 7% in the last 24 hours; $MELANIA fell 10% as initial hype fades.
- Prices spiked from a few cents to $14 shortly after launch, attracting $3 billion in volume and generating over $70 million in paper gains for early buyers.