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    Home»Markets»Majority of Trump and Melania Tokens Held by Few Rich Traders
    Majority of Trump and Melania Tokens Held by Few Rich Traders
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    Majority of Trump and Melania Tokens Held by Few Rich Traders

    By Crypto EditorJanuary 24, 2025No Comments2 Mins Read
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    A latest evaluation reveals that almost all of tokens from the just lately launched Trump household memecoins are concentrated within the palms of a small variety of rich crypto buyers.

    In response to knowledge from Chainalysis, round 94% of the entire provide of the TRUMP and MELANIA tokens is managed by simply 40 wallets, every holding $10 million or extra.

    Smaller holders, with balances between $1 million and $10 million, make up solely 2.1% of the entire, whereas these holding between $100,000 and $1 million characterize 1.7%. A mere 2.2% of wallets maintain lower than $100,000 price of the tokens. Information from DexScreener signifies that roughly 790,000 wallets personal the TRUMP token, whereas 343,000 maintain MELANIA.

    Regardless of the heavy focus of tokens amongst whales, the memecoin launches have reportedly attracted a surge of latest crypto customers. Chainalysis famous that almost half of the consumers created new wallets on the identical day they bought the tokens, signaling recent curiosity available in the market.

    The MELANIA token’s web site claimed a distribution mannequin allocating 35% of tokens to the staff, 20% every to the treasury and neighborhood, 15% to public gross sales, and 10% for liquidity. Nevertheless, blockchain analytics platform Bubblemaps disputes this, reporting that almost 90% of the MELANIA provide is held in a single pockets, elevating considerations about transparency.

    As for the efficiency of TRUMP tokenholders, Chainalysis discovered that 77% have earned lower than $100. However, a choose group of whales—roughly 60 wallets—have seen income exceeding $10 million. Losses amongst tokenholders seem restricted, with only some shedding quantities between $10,000 and $100,000, and hardly any struggling losses past $100,000.

    Majority of Trump and Melania Tokens Held by Few Rich Traders





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