Trump Official (TRUMP) and Melania Official (MELANIA) – The Trump meme coin family has taken the crypto world by storm – but three fun facts?
Cryptocurrency is undoubtedly one of the most volatile markets. You can potentially make millions or lose a large portion of your capital in an instant. It is also a special space filled with extraordinary moments.
For example, who would have thought that PNUT would launch and soon have a market capitalization of over $1 billion? Similarly, his support for Donald Trump has also been a highlight of 2024, just as Elon Musk frequently posts on X, sometimes amplifying certain articles.
Just before the inauguration ceremony on January 20th, the president I decided reveal the facts. There is only one official TRUMP coin. To accomplish this quest, the TRUMP token entered the market on January 18th, after business hours, just as everyone was shutting down. I'm waiting for the weekend.
TRUMP is a meme coin and has no practical purpose. You can compare it to Solana's Pepe and other meme coins. A few hours later, TRUMP price rose to $75 before falling back on Monday. And its scrapping came as First Lady Melania Trump also launched her token “MELANIA”.
$ buy melania
I think @Binance A spot list will also be available. #Melania I won't stop during that time $Trump The wind continues
This is your last chance. I'll never see him at this level again.
Don't let it fade, brother. pic.twitter.com/VUryA2aJew
— Andrew (@SolAndrew_) January 22, 2025
Interestingly, both tokens have market caps in the billions of dollars. Some made money, some bought the peak, and some couldn't stand the volatility.
It was in this context that an important observation was made and three wild statistics were revealed..
1. Trump and Melania drive record onboarding
trump and melania meme coin Really Extraordinary. After launching, they achieved what only a few crypto projects have achieved: unprecedented Retail participation.
One of X’s analysts shared findings from Chaina Analysis revealing that these two meme coins onboarded new users to Solana. For example, the company's researchers found that 50% of these token holders were first-time owners of Solana tokens.
(sauce)
At the same time, 47% of them created a crypto wallet on the same day as the token launch. Additionally, 83% of all holders own less than $1,000 in SOL assets. This means that most of them are retailers and are happy to take advantage of them. It has high volatility and you can even make money.
So far, Solscan data shows that that there is Over 1 million Trump and Melania token holders.
2. The Surge
Although prices have calmed down from their peak, the pace of Trump and Melania's tokens is noteworthy.
Trump has soared to a $15 billion market cap, fueled by FOMO trading and social media buzz. Even though the price has fallen to around $35 at the time of writing, traders who bought at around $5 are still up 740%.
(sauce)
When MELANIA was released, everyone was waiting. of The token market capitalization rose to nearly $2 billion. When the price rose $13 on Monday, those who bought at about $3 gained more than 400%.
According to coin geckoTRUMP is currently the third most valuable meme coin only Following Dogecoin and Shiba Inu.
(sauce)
3. Concentration
This is a bad statistic that no one wants to see. Typically, whenever a token is launched and the issuing address owns more than 60% of the total supply, we prepare for a lag pull. That happened many times, so Everyone is on alert.
But the FOMO for TRUMP and MELANIA tokens seems to go far beyond rug fear.
According to Solscan, there is one wallet It controls 80% of all TRUMP tokens. Meanwhile, three addresses control over 70% of all MELANIA coins.
(sauce)
Will these correspond to airdrop tokens?
Only time will tell.
At least for now, there is little chance that the dominant whales will jettison. These addresses will be closely monitored.
Explore: 10 Coins with High Returns: Cryptocurrency Predictions for 2025
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