{"id":9457,"date":"2025-01-24T09:02:18","date_gmt":"2025-01-24T09:02:18","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9457"},"modified":"2025-01-24T09:02:18","modified_gmt":"2025-01-24T09:02:18","slug":"trump-melania-memecoins-made-millions-for-some-less-than-100-for-many","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9457","title":{"rendered":"TRUMP, MELANIA Memecoins Made Millions for Some, Less Than $100 for Many"},"content":{"rendered":"<div>\n<p>Donald Trump\u2019s official memecoin has been extremely profitable for early buyers and likely unprofitable for many, a Chainalysis finding shows.<\/p>\n<p>An estimated 60 whales \u2014 a colloquial term for influential token holders \u2014 have realized profits exceeding $10 million each. However, a majority of retail investors were at break-even as of Thursday.<\/p>\n<p>\u201cAfter 1B $TRUMP tokens were minted, 4 wallets received most of the funds to hold or provide liquidity to exchanges,\u201d Chainalysis said. \u201cMost wallets that hold $TRUMP and\/or $MELANIA hold less than $100 worth, suggesting retail buying activity.\u201d<\/p>\n<p>An analysis of wallets showed 77% of TRUMP holders earned less than $100, with over 80% of TRUMP or MELANIA holders likely to be investors who held less than $1,000 worth of assets on the Solana blockchain.<\/p>\n<p>Some 50% of those token holders were likely first-time Solana-based token buyers \u2014 meaning TRUMP helped attract newcomers to the overall market. On the other hand, around forty whales holding over $10 million of both tokens accounted for an estimated 94% of overall token possession.<\/p>\n<p>TRUMP prices are down 7% in the past 24 hours, while MELANIA tokens are down 10% as initial hype around the two official memecoins appears to be dying out.<\/p>\n<p>Trump issued his official memecoin before his Monday swearing-in ceremony, where prices rocketed from a few cents to $14 in less than six hours. The token attracted $3 billion in volumes hours after going live and netted early buyers over $70 million in paper gains, as <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/01\/18\/donald-trump-official-memecoin-makes-millionaires-raffles-3-b-volumes-in-hours\" target=\"_blank\">CoinDesk noted<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump\u2019s official memecoin has been extremely profitable for early buyers and likely unprofitable for many, a Chainalysis finding shows. An estimated 60 whales \u2014 a colloquial term for influential token holders \u2014 have realized profits exceeding $10 million each. However, a majority of retail investors were at break-even as of Thursday. \u201cAfter 1B $TRUMP [&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-9457","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\/9457","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=9457"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9457\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}