Inexperienced Investors Flock to TRUMP and MELANIA Tokens
Chainalysis data reveals that 50% of wallets holding TRUMP and MELANIA memecoins had never purchased a Solana-based token before. This highlights the tokens’ appeal to first-time crypto users.Wealth Distribution and Whales
While 77% of holders saw profits under $100, around 50 whales netted over $10 million each. Wallets associated with the Trump-affiliated CIC Digital hold 80% of TRUMP’s supply, raising concerns about insider control.Market Impact and User Onboarding
TRUMP’s launch coincided with a surge in Solana’s trading volume, briefly surpassing Dogecoin in market capitalization. Moonshot’s user-friendly interface brought hundreds of thousands of new participants into the crypto space.Tokenomics Under Scrutiny
Despite TRUMP’s vesting schedule and liquidity provisions, critics highlight concerns about long-term sustainability and insider influence. Both TRUMP and MELANIA tokens have faced significant volatility since their launch.
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