{"id":25508,"date":"2025-05-07T05:46:51","date_gmt":"2025-05-07T05:46:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25508"},"modified":"2025-05-07T05:46:51","modified_gmt":"2025-05-07T05:46:51","slug":"58-wallets-cashed-out-on-trumps-coin-while-everyone-else-held-the-bag","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25508","title":{"rendered":"58 Wallets Cashed Out on Trump\u2019s Coin While Everyone Else Held the Bag"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Donald Trump\u2019s meme coin, $TRUMP, promised excitement, controversy, and maybe some quick cash. And while it certainly delivered on the first two, the financial results have been a little lopsided. The $TRUMP Token surged quickly, then dropped just as fast, leaving thousands of retail investors in the red. According to blockchain data, just 58 wallets have made serious money from the coin, we\u2019re talking millions. Meanwhile, over 764,000 wallets? They\u2019re in the red.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">How Did This Happen?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">It all started with a lot of hype. Trump <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/education\/what-is-trump-meme-coin\/\" target=\"_blank\" rel=\"noopener\">launched the $TRUMP token<\/a> in January 2025, right before stepping back into the Oval Office. The coin quickly grabbed attention on crypto Twitter, Truth Social, and beyond. Supporters, speculators, and curious onlookers jumped in fast, driving up the price and pushing the token\u2019s market cap to over $14 billion at its peak.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">But as usual with meme coins, those who got in early did great. Those who didn\u2019t? Not so much.<\/span><\/p>\n<h2>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\">Best Meme Coin ICOs to Invest in May 2025<\/a><\/h2>\n<h2><span data-preserver-spaces=\"true\">The Winners Knew When to Jump<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The 58 wallets that made millions weren\u2019t just lucky. They moved fast, scooping up massive amounts of $TRUMP at launch before the real hype wave kicked in. Once prices ballooned, they cashed out and walked away smiling. That\u2019s classic memecoin mechanics: buy early, sell before the music stops.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: 58 people have made over $10 million each from Trump\u2019s meme coin, totaling $1.1 billion in profits.<\/p>\n<p>764,000 people\/wallets of mostly small holders have lost money on it.<\/p>\n<p>It&#8217;s kinda like the Trump economy.  The billionaire get richer and the average American gets\u2026 <a href=\"https:\/\/t.co\/I9bPGNTtXf\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/I9bPGNTtXf<\/a><\/p>\n<p>\u2014 Brian Krassenstein (@krassenstein) <a href=\"https:\/\/twitter.com\/krassenstein\/status\/1919898178394186057?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 6, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">On the other end, the majority of holders, more than three-quarters of a million wallets, bought in during the surge, likely expecting the coin to go even higher. Instead, they watched it fall back down. And now many are holding tokens worth far less than what they paid.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Wait, Isn\u2019t This a Bit Sketchy?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Yeah, a lot of people think so. For one, 80% of all $TRUMP tokens weren\u2019t even sold to the public. They\u2019re held by two Trump-linked companies, CIC Digital LLC and Fight Fight Fight LLC. That kind of centralized control doesn\u2019t sit well in a market that\u2019s supposed to be about decentralization.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_681af27169386\" data-coin-id=\"trump-trump\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n                <img id=\"crypto_chart_681af27169386-chart__info-icon-img\">\n            <\/div>\n<div class=\"chart__info-name\" id=\"crypto_chart_681af27169386-chart__info-name\">&#8211;<\/div>\n<div class=\"chart__info-label\">Price<\/div>\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_681af27169386-chart__info-symbol\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_681af27169386-chart__info-price\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_681af27169386-chart__info-marketcap\">&#8211;<\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--24h\" id=\"crypto_chart_681af27169386-btn-24h\">24h<\/button><br \/>\n                <button class=\"chart__button chart__button--7d\" id=\"crypto_chart_681af27169386-btn-7d\">7d<\/button><br \/>\n                <button class=\"chart__button chart__button--30d\" id=\"crypto_chart_681af27169386-btn-30d\">30d<\/button><br \/>\n                <button class=\"chart__button chart__button--1y\" id=\"crypto_chart_681af27169386-btn-1y\">1y<\/button><br \/>\n                <button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_681af27169386-btn-all-time\">All Time<\/button>\n            <\/div>\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--logarithmic\" id=\"crypto_chart_681af27169386-btn-log\">Log<\/button>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n        <canvas class=\"chart__canvas\" id=\"crypto_chart_681af27169386-cryptoChart\"><\/canvas>\n    <\/div>\n<\/div>\n<h2><b>DISCOVER: <\/b><a href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\"><b>Best New Cryptocurrencies to Invest in 2025<\/b><\/a><\/h2>\n<p><span data-preserver-spaces=\"true\">Then there\u2019s the fact that Trump is a sitting U.S. president. Ethicists and legal experts have raised questions about the potential for conflicts of interest, especially if foreign investors are buying the token. Some are even calling it a walking emoluments clause violation<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">$TRUMP Token: What Should Investors Take Away from This?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">If you\u2019re new to crypto, this should be a reality check. Meme coins are fast-moving and full of hype, but they\u2019re also super risky. The price swings are wild, the gains are uneven, and the biggest winners are usually the first in line, or the ones with insider access.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">And while $TRUMP made headlines, it also left hundreds of thousands of small traders holding losses. That\u2019s not unique to this token, but the scale here is pretty staggering.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">So What Now?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The $TRUMP coin wasn\u2019t just another meme coin, it was a political spectacle with real financial consequences. A few people hit the jackpot. Most didn\u2019t. The entire saga is a reminder that in crypto, especially meme land, the line between fortune and failure can be razor-thin.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If you\u2019re going to play this game, know the rules and know who\u2019s really holding the cards.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/h2>\n<h2><strong><a class=\"editor-rtfLink\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Just 58 wallets made millions from Trump\u2019s $TRUMP coin, while over 764,000 wallets ended up in the red.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Early buyers scooped up large amounts of the token at launch and cashed out quickly before prices fell.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        More than 80% of $TRUMP tokens are held by two Trump-linked entities, raising concerns about centralization and transparency.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Legal and ethical questions are emerging as Trump, now president, is linked to a token that may be owned by foreign investors.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The $TRUMP saga shows how meme coins can create massive hype and profit for a few, but leave most investors with steep losses.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><br \/>\n    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/58-wallets-cashed-out-on-trumps-coin-while-everyone-else-held-the-bag\/\">58 Wallets Cashed Out on Trump\u2019s Coin While Everyone Else Held the Bag<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump\u2019s meme coin, $TRUMP, promised excitement, controversy, and maybe some quick cash. And while it certainly delivered on the first two, the financial results have been a little lopsided. The $TRUMP Token surged quickly, then dropped just as fast, leaving thousands of retail investors in the red. According to blockchain data, just 58 wallets [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25508","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25508"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25508\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}