3 Wild Statistics From the Melania and Trump Meme Coins

Official Trump (TRUMP) and Official Melania (MELANIA) – the Trump meme cash household took the crypto world by storm – however 3 enjoyable information?

Crypto is undoubtedly one of the vital risky markets. You may make thousands and thousands or lose a giant portion of your capital immediately. It’s additionally a singular area crammed with extraordinary moments.

For instance, who would have predicted that PNUT would launch and rapidly rise to over $1 billion in market capitalization? Equally, simply as Elon Musk usually posts on X and typically amplifies sure tales, his assist for Donald Trump has additionally develop into a spotlight of 2024.

Simply earlier than being sworn in on January 20, the president determined to set the file straight: There will probably be just one official TRUMP coin. To meet this quest, the TRUMP token hit the market on January 18, after hours, simply when everybody had shut down and was ready for the weekend.

TRUMP is a meme coin and has no utility. You may evaluate it to Pepe and different meme cash on Solana. Hours later, TRUMP costs shot to as excessive as $75 earlier than retracing on Monday. And the dump was as a result of Melania Trump, the primary girl, additionally launched her token, MELANIA.

I purchase $MELANIA

I feel @binance spot itemizing is coming and in addition #MELANIA is not going to stand nonetheless whereas $TRUMP wind continues

That is our final probability, we is not going to see him at this stage once more.

Dont fade bro pic.twitter.com/VUryA2aJew

— Andrew (@SolAndrew_) January 22, 2025

Apparently, each tokens command billions in market cap. Some folks made cash, some purchased the peaks, and others couldn’t abdomen the volatility.

Amid all this, essential observations had been to be made, and three wild statistics emerged.

Table of Contents

1. TRUMP and MELANIA Fuelled File Onboarding

TRUMP and MELANIA meme cash are really extraordinary. After launching, they achieved what only some crypto initiatives have carried out: Unprecedented retail participation.

One analyst on X shared findings from Chainalysis that reveal these two meme cash onboarded new customers to Solana. For example, their researchers discovered that fifty% of those token holders had been first-time holders of Solana tokens.

(Supply)

On the similar time, 47% of them created crypto wallets on the identical day the token launched. Moreover, 83% of all holders personal lower than $1,000 in SOL belongings. Which means that most of them are retailers, keen to make the most of excessive volatility and even become profitable.

Up to now, Solscan information reveals that there are over a million TRUMP and MELANIA token holders.

2. The Surge

Whereas costs have cooled off from their peaks, the tempo at which TRUMP and MELANIA tokens can’t go unnoticed.

TRUMP surged to a $15 billion market cap, fueled by FOMO buying and selling and social media buzz. Merchants who purchased at round $5 are nonetheless up 740% regardless of costs falling to round $35 when writing.

(Supply)

As soon as MELANIA launched, everybody was ready; the token climbed to a market cap of practically $2 billion. Those that purchased at round $3 revamped 400% when costs rose $13 on Monday.

In keeping with Coingecko, TRUMP is now the third Most worthy meme coin solely after Dogecoin and Shiba Inu.

(Supply)

3. The Focus

It is a dangerous statistic that everybody doesn’t wish to see. Ordinarily, each time a token launches and the issuing tackle owns greater than 60% of the whole provide, put together for a rug pull. It has occurred so many instances that everyone seems to be cautious.

Nevertheless, it seems that the FOMO within the TRUMP and MELANIA tokens far exceeds the concern of a rug.

In keeping with Solscan, one pockets controls 80% of all TRUMP tokens. In the meantime, three addresses management over 70% of all MELANIA cash.