In the world of cryptocurrency, where transparency and decentralization are key values, the recently launched tokens by former U.S. President Donald Trump and his wife Melania have revealed an interesting concentration of ownership. According to blockchain data analysis, a staggering 94% of TRUMP and MELANIA tokens are held by just 40 wallets, each worth over $10 million.
These so-called "crypto whales" dominate the market, holding the vast majority of these tokens. For smaller investors, the distribution is significantly less impactful. Only 2.1% of the tokens are held by wallets valued between $1 million and $10 million, while 1.7% are held by wallets valued between $100,000 and $1 million. A small percentage, around 2.2%, belongs to wallets with less than $100,000.
Tokens Attract New Users Despite Concentration
While the high concentration of tokens in a small number of wallets raises questions, the launch of the TRUMP and MELANIA tokens has also driven a surge in new crypto users. According to the analysis, nearly half of the buyers created wallets on the same day they purchased the tokens, indicating that these tokens could act as a gateway for newcomers to enter the crypto market.
Token Distribution Differs From Promises
Official information about the MELANIA token's distribution states that 35% was reserved for the team, 20% for the treasury and community, 15% for public sale, and 10% for liquidity. However, on-chain data paints a different picture. A blockchain analytics company discovered that nearly 90% of the tokens are held in a single wallet, contradicting the figures presented on the website.
Financial Impact for Token Holders
For many TRUMP token holders, the investment has not resulted in significant profits. The majority, about 77%, have earned less than $100. At the same time, 60 major investors have achieved substantial gains, earning over $10 million. Only a small number of investors reported losses in the range of $10,000 to $100,000, with almost no one reporting larger losses.
Crypto Remains a Learning Process for New Users
This incident underscores the importance of caution in the world of digital assets. The concentration of tokens and potential discrepancies in distribution figures highlight the need for transparency and trust in the crypto ecosystem. For new investors, starting in a secure and reliable environment where integrity and clarity take priority is essential.
Disclaimer: This is not financial advice. Always conduct your own research and seek professional guidance.