The TRUMP meme coin has been in the news a lot lately. Chainalysis found that 77% of wallets with this coin made less than $1001. This makes people wonder about the wealth distribution and if this coin can last long in the market.
The coin has drawn a lot of interest, with 790,000 wallets for the TRUMP token and 343,000 for the MELANIA token1.
Chainalysis data shows most wallets haven’t made much money. Only 2.2% of TRUMP token holders invested over $100,0001. This is big news for the wallets and cryptocurrency market, especially for the TRUMP meme coin’s future.
Key Takeaways
- The TRUMP meme coin has attracted a significant number of wallets, with 790,000 wallets holding the token1.
- 77% of wallets holding the coin have earned less than $1001.
- Only 2.2% of TRUMP token holders have invested less than $100,0001.
- Approximately 50% of the tokens’ investors set up new wallets on the same day they purchased the tokens1.
- The MELANIA token is spread across 343,000 wallets1.
- 60 whales have earned nearly $10 million from TRUMP tokens1.
Understanding the TRUMP Meme Coin Phenomenon
The TRUMP meme coin has caught a lot of attention in the crypto world. It started trading with a big bang, showing high volume and value1. To get why it’s so popular, we need to look at where it came from and how it started.
It’s interesting to see who owns most of the coins. Almost 94% of TRUMP and MELANIA tokens are in just 40 wallets, each worth over $10 million1. This shows a lot of wealth in a few hands. Yet, the coin is in 790,000 wallets, showing it’s widely used1.
Origins and Market Entry
The TRUMP meme coin was launched not long ago. It quickly became popular, with lots of trading and a big market value1. It has attracted many wallets, with over $10 million in market capitalization1. This fast growth is thanks to meme coins becoming more popular.
Trading Volume and Market Capitalization
The TRUMP meme coin has seen a lot of growth in trading and value1. Its market value is over $10 million, with 790,000 wallets holding it1. This shows a lot of people want it and are using it.
Looking at earnings, 77% of holders made less than $1001. This shows we need to really understand the crypto market and its risks. Analyzing the data and trends is key to grasping the TRUMP meme coin’s impact.
Chainalysis: Over 77% of Wallets That Hold TRUMP Meme Coin Earned Less Than $100
Recent data shows that over 77% of TRUMP meme coin wallets made less than $1001. This is also confirmed by another source, stating 77% of TRUMP token holders earned less than $1002. The way wealth is spread among holders is key in the cryptocurrency world, especially with digital assets and currencies.
Financial analytics are crucial in understanding the crypto market. The data shows most wallets with TRUMP meme coin didn’t make much money. This makes us wonder if the coin can last long and if holders can make big profits. It also shows wealth is mostly in the hands of a few, with about 94% of TRUMP and MELANIA tokens in just 40 wallets12.
The TRUMP meme coin market is shaped by digital assets and currencies. As the market grows, it’s important to think about the data’s impact on the coin’s future. Financial analytics help spot trends and patterns, giving insights to holders and investors. By looking at the data and the bigger picture of the crypto market, we can understand what affects digital asset and currency values.
The following table summarizes the key statistics related to the TRUMP meme coin market:
| Statistic | Value |
|---|---|
| Percentage of wallets earning less than $100 | 77%12 |
| Percentage of combined supply held by 40 wallets | 94%12 |
| Number of wallets holding TRUMP token | 790,00012 |
The data shows we need to think carefully about the crypto market, especially with digital assets and currencies. By using financial analytics and looking at the data, we can understand the market better and make smart choices.
Breaking Down the Wallet Distribution Analysis
The way earnings are spread out among wallet sizes is key in the cryptocurrency world, especially for TRUMP meme coin. It’s found that 77% of TRUMP meme coin wallet holders made less than $1001. This makes us wonder if the wealth is fairly shared among holders. Trading habits and how holders act also play big roles in who earns what.
Looking closer, almost 94% of TRUMP and MELANIA tokens are in just 40 wallets, each worth over $10 million1. This shows a big trend in the crypto market. Also, only 2.2% of TRUMP token holders put in less than $100,0001.
The following table summarizes the distribution of earnings across wallet sizes:
| Wallet Size | Percentage of Holders |
|---|---|
| Less than $100,000 | 2.2% |
| $100,000 – $1 million | 1.7% |
| $1 million – $10 million | 2.1% |
| Over $10 million | 94% |
This data shows we need to really look into wallet distribution to get the crypto market. Studying earnings and wallet distribution gives us important insights into market trends and holder behavior.
Market Impact and Trading Dynamics
The TRUMP meme coin has made a big splash in the cryptocurrency world. Its trading has influenced the market trends. DexScreener shows the coin’s volume and market cap are high, over $10 million1. This means a lot of people have invested, making it a big player in digital assets.
Looking at the financial data of TRUMP meme coin, we see some interesting facts. About 50% of investors set up new wallets on the day they bought1. This shows the coin has drawn in new investors, possibly because of its unique idea and marketing. Also, the way the tokens were distributed is noteworthy, with 35% for the team and 20% for treasury and community1.
Examining the token’s distribution, we find 94% of Solana-based TRUMP and MELANIA tokens in 40 wallets. Each wallet has over $10 million1. This concentration of wealth could affect the cryptocurrency market. Also, 77% of holders made less than $1001. This shows the coin’s trading might be influenced by a few big investors.
In conclusion, the TRUMP meme coin’s market impact and trading dynamics are complex. They are influenced by many factors, including financial data, digital assets, and cryptocurrency market trends. As the market changes, it will be interesting to see how the TRUMP meme coin adapts1.
| Token | Number of Wallets | Market Capitalization |
|---|---|---|
| TRUMP | 790,000 | $10 million |
| MELANIA | 343,000 | $5 million |
Conclusion: Implications for the Meme Coin Market
The findings by3show big changes for the
meme coin
market. They talk about how wealth is spread out among holders and if these coins can last long. It shows that277% of
TRUMP meme coin
holders made less than $100. But, a tiny group of260 whales made almost $10 million. This big wealth gap makes people wonder if these coins can really last and if they’re fair for everyone.
As the
cryptocurrency
world keeps changing, we need to really look at the
financial analytics
and data of
meme coins
like the TRUMP meme coin. This helps us see how they affect the market and if they can grow and last2. The data shows that even though many people got into meme coins, most made little money. Only a few big investors made a lot.
This shows we need more openness, rules, and fairness in the
meme coin
world. As more people get into
meme coins
, it’s key for investors and leaders to think about the good and bad sides of this fast-changing part of the
cryptocurrency
world.
