Investors Lost $4.3 Billion on TRUMP and MELANIA Tokens

According to data shared by the cryptocurrency data platform CryptoRank, memecoins associated with the Trump family have experienced sharp value losses since the launches of $TRUMP and $MELANIA.

The $TRUMP token has fallen 92% since its peak, while the $MELANIA token has dropped by 99%. It is reported that individual investors, in particular, have suffered heavy losses following this collapse.

According to the data, insiders and early participants in the project earned over $600 million through transaction fees and token sales. In contrast, approximately two million individual investors’ wallets reportedly suffered losses totaling over $4.3 billion. This highlights the vast disparity between insiders and individual investors. Calculations show that for every $1 insider gained, individual investors lost approximately $20.

The concentration of earnings is also noteworthy. It’s reported that just 45 whale wallets collectively realized $1.2 billion in profits. This has reignited debates about token inequality and the influence of large investors in the market.

On the other hand, it is noted that the selling pressure may not have completely ended. Approximately $2.7 billion worth of insider tokens are locked until 2028, and it is estimated that releasing these assets after their unlocking could create additional selling pressure.

*This is not investment advice.