More than 77% of wallets containing TRUMP meme coin received less than $100

The breakdown of profit and loss shows that the majority of portfolios hover around break-even or earn less than $100. These retail investors dominate the market, with more than 600,000 portfolios falling into this category. On the other hand, only a few portfolios – about 60 – have the largest profits, with realized gains exceeding $10 million.

“[…] Most wallets containing TRUMP and/or $MELANIA contain less than $100, indicating retail buying activity. But there are also many wallets containing more than $100 million.

Sequential analysis

Nearly half of Trump and Melania coin holders are new to Solana The company points to the ecosystem, adding that nearly 50% of these new owners have “never purchased a Solana altcoin before.” Additionally, a significant number of these holders created their wallets on the same day they purchased the tokens, the data shows.

The analyst also noted that after one billion Trump coins were minted, most of the supply went into just four wallets to hold liquidity or provide it to exchanges.

Meanwhile, Trump’s price fell to $38.50 on Tuesday, January 21, down about 50% from its peak on Sunday, bringing the meme’s market capitalization to about $7.6 billion. Data collected by Nansen reveals Trump’s most profitable whales sold most or all of their holdings to turn a profit.