Official Trump (TRUMP) and Official Melania (MELANIA) – the Trump meme coin family has taken the crypto world by storm – but 3 fun facts?
Crypto is undoubtedly one of the most volatile markets. You can win millions or instantly lose a large part of your capital. It is also a unique space filled with extraordinary moments.
For example, who would have predicted that PNUT would launch and quickly reach a market cap of over $1 billion? Likewise, just as Elon Musk often posts about X and sometimes amplifies certain stories, his support for Donald Trump has also become a highlight of 2024.
Just before taking the oath of office on January 20, President decided to set the record straight: there will only be one official TRUMP piece. To fulfill this quest, the TRUMP token hit the market on January 18, after hours, just when everyone was closed and was while waiting for the weekend.
TRUMP is a meme piece and has no use. You can compare it to Pepe and other meme pieces on Solana. Hours later, TRUMP prices reached $75 before returning on Monday. And the dump is because Melania Trump, the first lady, also launched her token, MELANIA.
I buy $MELANIA
I think @binance the spot listing arrives and also #MELANIE will not stand still while $ASSET the wind continues
This is our last chance, we won’t see him at this level again.
Don’t fade, brother pic.twitter.com/VUryA2aJew
-André (@SolAndrew_) January 22, 2025
Interestingly, both tokens represent billions in market capitalization. Some people made money, others bought the highs, and still others couldn’t stand the volatility.
Amidst all this, important observations had to be made, and three wild statistics emerged.
1. TRUMP and MELANIA fueled record integration
The TRUMP and MELANIA meme pieces are Really extraordinary. After launch, they achieved what only a few crypto projects have done: unprecedented retail participation.
An analyst on For example, their researchers found that 50% of these token holders were new Solana token holders.
(Source)
At the same time, 47% of them created crypto wallets on the same day the token was launched. Additionally, 83% of all holders own less than $1,000 in SOL assets. This means that most of them are retailers, ready to take advantage of high volatility and even make money.
So far, Solscan data shows that there is more than a million TRUMP and MELANIA token holders.
2. The rise in power
Although prices have calmed down from their highs, the pace at which TRUMP and MELANIA tokens are taking place cannot go unnoticed.
TRUMP reached a market cap of $15 billion, fueled by trading FOMO and social media buzz. Traders who bought at around $5 are still up 740% despite prices dropping to around $35 at the time of writing.
(Source)
Once MELANIA was launched, everyone was waiting; THE the token reached a market capitalization of almost $2 billion. Those who bought at around $3 gained more than 400% when prices rose from $13 on Monday.
According to CoingeckoTRUMP is now the third most valuable meme coin only after Dogecoin and Shiba Inu.
(Source)
3. Focus
This is a bad statistic that not everyone wants to see. Usually, whenever a token is launched and the issuing address holds more than 60% of the total supply, prepare for a draw. It’s happened so many times that everyone is suspicious.
However, it seems that the FOMO in TRUMP and MELANIA tokens far exceeds the fear of going all in.
According to Solscan, a portfolio controls 80% of all TRUMP tokens. Meanwhile, three addresses control over 70% of all MELANIA coins.
(Source)
Will this affect airdrop tokens?
Only time will see.
The whales controlling them are unlikely to spill, at least for now. These addresses will be closely monitored.
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