764 thousand investors lost money on TRUMP tokens: only 58 of them made millions

According to the analytics company Chainalysis, about 764,000 crypto address holders who invested in the TRUMP memecoin have suffered losses. Chainalysis found that most of these investors held only small amounts of tokens in their wallets. Overall, the presidential token is present on 2 million crypto addresses, but only 58 users made significant profits — each earning over $10 million, with the group’s combined profit reaching around $1.1 billion. Investor interest in TRUMP surged after the project’s leadership promised the top 220 memecoin holders spots at a gala dinner with the U.S. president. The event is scheduled for May 22 at the Trump National Golf Club in Washington. The program includes a White House tour, and the top 25 token holders will have the opportunity to meet Donald Trump in person. Following this news, TRUMP’s market capitalization exceeded $2.7 billion but later adjusted to $2.41 billion. Chainalysis analysts note that since April 15, an additional 100,000 owners of new crypto addresses have purchased the TRUMP token, fueling the memecoin’s bullish rally despite the overall volatility of the crypto market. Currently, only 20% of TRUMP’s total supply is in circulation, while the remaining 80%, controlled by the Trump Organization and affiliated parties, is locked under a three-year vesting schedule. Despite the restrictions on selling tokens, project insiders are still generating substantial income. Chainalysis reports that since January, the creators of the crypto project have earned over $324 million in trading fees, as the token’s code automatically redirects a portion of each transaction to their crypto addresses, providing the team with passive income. The TRUMP memecoin has attracted the attention of regulatory authorities and ethics experts. The U.S. Senate Special Subcommittee on Investigations has already begun examining potential conflicts of interest related to Donald Trump’s cryptocurrency activities.