TRUMP Memecoin Profits Skewed Toward a Few, Majority Left with Modest Gains
The launch of Donald Trump’s official memecoin, TRUMP, has created a tale of two markets: a small group of whales reaping massive profits while the majority of holders see minimal returns, according to a new analysis by Chainalysis.
Data reveals that 60 wallets have realized profits exceeding $10 million each. Meanwhile, 77% of TRUMP token holders have earned less than $100, and over 80% of all TRUMP and MELANIA holders possess Solana-based assets worth less than $1,000.
“The distribution heavily favors early adopters and liquidity providers,” Chainalysis noted. “Most wallets show retail-level activity, yet the wealth generated is concentrated in a small percentage of holders.”
Interestingly, TRUMP’s launch has drawn significant new interest to Solana, with nearly 50% of token holders identified as first-time users of Solana-based assets. Despite this influx, 94% of the token supply remains under the control of large investors holding more than $10 million each.
TRUMP prices have declined 7% over the past 24 hours, with MELANIA tokens down 10%, signaling cooling excitement after the initial launch frenzy. Early trading saw TRUMP surge from a few cents to $14 in just hours, driving $3 billion in volume and creating a windfall for whales and early buyers.
While TRUMP’s debut has drawn attention to the memecoin market and boosted Solana’s activity, its uneven wealth distribution raises questions about sustainability and long-term retail engagement.
