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Only 58 Wallets Profit From $TRUMP, 762K Others Record Losses
Only 58 Wallets Profit From $TRUMP, 762K Others Record Losses
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The $TRUMP token has experienced volatile price movements, fueled by hype surrounding an exclusive dinner for top holders hosted by former President Donald Trump. A 50% surge in interest followed the announcement, propelling the token’s market capitalization to $2.7 billion before settling at $2.17 billion.
Chainalysis data reveals a stark disparity in outcomes: 762,000 wallets holding the memecoin are currently at a loss, while 58 early whale addresses captured $1.1 billion in profits—each gaining over $10 million. The event underscores the high-risk nature of celebrity-linked crypto assets and the advantage of early positioning in speculative markets.
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