The crypto world has been buzzing about the new TRUMP memecoin. Furthermore, fresh data from Nansen shows us exactly who’s winning and who’s losing in this latest crypto craze.
5⃣最后膜拜一下在$TRUMP交易中有亮瞎大家狗眼操作的链上皇们的集体合照。 pic.twitter.com/ECtGhpOOc6
— NingNing (@0xNing0x) January 21, 2025
The Numbers Behind the Hype
The launch created quite a stir:
- 929,543 new traders joined the action
- At its peak, 42,208 new traders were jumping in every hour
- Currently, about 1,383 new traders join per hour
Who Made Money?
Some traders struck gold with this coin:
- 28 super-lucky traders made over $10 million each
- 424 traders earned between $1-10 million
- 16,791 people made $10,000 to $1 million
- 50,636 traders pocketed $1,000 to $10,000
Who Lost Money?
However, not everyone was so fortunate:
- 486,421 people lost around $1,000
- 65,763 traders lost $1,000 to $10,000
- 16,571 people lost between $10,000 and $1 million
- 33 traders lost up to $10 million each
Big Players Make Big Moves
The whales (crypto-speak for large investors) have been busy too:
- Major players like Santiago R. Santos and Master Ventures got involved
- About 33% of the biggest holders sold their coins by Monday
- One investor turned $52 million into a 91% profit
- Another achieved an amazing 19,000% return on $270,000
The MELANIA Effect
Just when things were heating up, a new player entered the game. The MELANIA coin launch caused:
- TRUMP coin’s value to drop by 50%
- About $5 billion disappeared from its market value
- Both coins run on the Solana blockchain
What This Means for Crypto
This wild ride has sparked some concerns:
- Critics worry about damage to the Trump family’s reputation
- The Trump Organization earned $58 million in trading fees
- Safety measures include a three-year lockup for big holders
The Bottom Line
The TRUMP memecoin story shows both sides of crypto trading: incredible gains for some and significant losses for others. Moreover, it reminds us that in the crypto world, fortunes can change in an instant.
