For Some, TRUMP and MELANIA Tokens Were a Jackpot; For Others, Mere Change.

TRUMP Token Profits Concentrated Among Few Whales, Majority Earned Less Than $100

Donald Trump’s official memecoin, TRUMP, has created substantial wealth for a small group of early investors while leaving the majority of holders with modest returns, according to a report by Chainalysis.

Data shows that roughly 60 large investors, often referred to as whales, have realized profits exceeding $10 million each. However, a significant portion of retail participants earned less than $100, with most struggling to break even.

“Approximately 1 billion $TRUMP tokens were minted and distributed, with four wallets receiving the bulk of the supply to either hold or provide liquidity to exchanges,” Chainalysis reported. “The vast majority of wallets holding $TRUMP or $MELANIA tokens have balances below $100, reflecting heavy retail involvement.”

Over 80% of holders of TRUMP or MELANIA tokens had portfolios worth less than $1,000 in Solana-based assets, and nearly half were new entrants to the Solana ecosystem. This highlights the token’s role in attracting first-time investors, though whales owning $10 million or more in tokens dominated ownership, controlling 94% of the total supply.

TRUMP token’s price has dropped 7% in the past 24 hours, while MELANIA has fallen 10%, signaling waning enthusiasm for the memecoins.

The TRUMP token launched ahead of Trump’s inauguration on Monday, initially skyrocketing from mere cents to $14 in under six hours. The token’s debut attracted $3 billion in trading volume, offering substantial gains to early buyers and marking a historic moment in the memecoin market.