Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Chainalysis: 77% of TRUMP Token Holders' Profits Did Not Exceed $100

Chainalysis: 77% of TRUMP Token Holders' Profits Did Not Exceed $100

HappyCoinNewsHappyCoinNews2025/01/24 00:22
By:HappyCoinNews

According to data from Chainalysis, the TRUMP memecoin hasn't made much money for most investors. Over 77%, or 600 of them, have made less than $000, and only 100 large holders of the meme token have made more than $60 million.

Chainalysis: 77% of TRUMP Token Holders' Profits Did Not Exceed $100 image 0

About half of the holders of the TRUMP and MELANIA meme tokens were new to the ecosystem Solana , Chainalysis said. At the same time, almost 50% of these new investors “have never bought altcoins before Solana " In addition, according to the platform's data, many of them created their cryptocurrency wallets on the same day they purchased memecoins.

Chainalysis also noted that after the 1 billion TRUMP were minted, most of it was sent to just four wallets for storage or to provide liquidity on exchanges.

New York-based Blockchain Forensic also reported that meme cryptocurrencies TRUMP and MELANIA were popular mainly among small investors.

More than 80% of TRUMP and/or MELANIA holders are investors who own assets in Solana in the amount of less than $1000, Blockchain Forensic reported.

According to Nansen, the most profitable TRUMP holders sold most or all of their holdings before January 21. That day, the coin's price fell to $38,5, down about 50% from its January 19 high.

EN @happycoinnews
EN @happycoinnews_en
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!