Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
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!

You may also like

Core Scientific Nets $580M in Q1 Despite Revenue Miss, Eyes AI and HPC Future

Nasdaq-listed Bitcoin miner Core Scientific Inc. has reported a net income of $580 million for the first quarter of 2025, more than double the $210 million recorded during the same period last year. However, the firm fell short of analyst expectations for revenue, signalling the growing impact of industry shifts and operational transformation.

DeFi Planet2025/05/09 12:00
Core Scientific Nets $580M in Q1 Despite Revenue Miss, Eyes AI and HPC Future

SEC Settles Lawsuit with Ripple and Executives

Bitcoininfonews2025/05/09 10:00
SEC Settles Lawsuit with Ripple and Executives