According to multiple sources, an analysis of the top 1,000 TRUMP memecoin holders reveals their deep pockets and calculated strategies. These whales collectively hold 78.12 million tokens, around 39% of the circulating supply, with a total market value of $4.68 billion.
Their combined initial investment reached $428 million, securing 15.91 million tokens at an average cost of $26.9 each. The striking takeaway from this report is that each whale’s average buy-in was a hefty $591,000.
The Wealth Truth Behind the TRUMP Token
Author | Frank, PANews
This article examines the top 1,000 holders. Whales had an average buy – in of $591,000, with nearly 40% buying in below $15. The most powerful address invested $1.09 million within a minute. Success with TRUMP… pic.twitter.com/FAzTbIWkXv
— Wu Blockchain (@WuBlockchain) January 22, 2025
The launch of memecoin introduced by U.S. President Donald Trump on January 18, sparked a market frenzy. Within 48 hours, its fully diluted valuation (FDV) skyrocketed to $82 billion, reflecting a 450x surge from its initial price of $0.1824 to a peak of $74.71. However, the market was far from a retail investor’s paradise, with a large whale dominating the scene.
Nearly 40% of Whales Bought TRUMP Coin Below $15
A great portion of whales managed to secure memecoins at remarkably low prices:
- 38.8% had an initial buy-in price below $15.
- The most common early buy-in price was $3.1, occurring within the first minutes post-launch.
- Another 28%acquired their holdings between $45 and $65.
The price distribution shows how early, well-capitalized investors leveraged speed and deep pockets to gain a major foothold in the token’s trajectory. Unlike traditional memecoins, TRUMP’s explosive rise favored high-net-worth traders. While retail investors were drawn in by the hype, whales with substantial capital dictated the market’s movements. As prices corrected to $30 on January 20, a 60% drop from its peak, the volatile nature of this token became evident.
Will TRUMP Memecoin Cross the $100 Mark?
According to Solana Explorer, the total supply of TRUMP memecoin is 999,999,993.45. For the memecoin to reach $100 per coin with a total supply, the market capitalization would need to be around $100 billion.
However, its token distribution raises many questions. With 80% of the token supply controlled by Trump-affiliated entities, including CIC Digital LLC and Fight Fight Fight LLC. The offering deviates markedly from standard cryptocurrency practices, where issuers typically retain 10-20%. This level of concentration allows the creator to potential price manipulation, which also contradicts the decentralized ethos of blockchain.
Despite this fact, some crypto analysts suggest that the value of a single OFFICIALTRUMP coin price could reach a maximum of $139 with a potential low of $46 by 2026.
Also Read: Trump Effect: Court Orders to Reverse Tornado Cash Sanctions
Source: https://www.cryptonewsz.com/secret-behind-trump-memecoin-rise-100-soon/