On-chain statistic: 28 addresses earned more than $10 million on TRUMP
The future of TRUMP's market value and its sustainability is still uncertain
The TRUMP memecoin has captured the attention of the cryptocurrency world, with some addresses seeing immense profits as the token's market capitalization rose to $8,407,721,658.
On-chain data reveals that 28 addresses have earned more than $10 million each, benefiting from the recent bull run of the TRUMP token. As the hype around the token started to cool, the market witnessed a sharp rise in participation, with new traders rushing in to take part in the speculative frenzy.
Key takeaways
- TRUMP memecoin surge: 28 addresses earned more than $10 million each during this peak period.
- Significant growth in new traders: In the past four days, 929,543 new traders joined the TRUMP market, with a peak of 42,208 new traders per hour.
- Loss distribution: While many experienced gains, the volatility of the TRUMP token led to significant losses for some. A total of 486,421 addresses lost around $1,000, and 33 addresses lost over $10 million each.
- Market cooling off: Despite the massive initial gains, the trading FOMO has cooled, and the market is now seeing slower growth and a correction in the number of new participants.
TRUMP memecoin’s surge and market dynamics
According to on-chain statistics, TRUMP attracted a staggering 929,543 new on-chain traders in the last four days. The growth in participation initially spiked dramatically, with the number of new traders reaching a peak of 42,208 per hour on January 18, 2025. However, as the trading FOMO (Fear of Missing Out) cooled, the influx of new traders slowed significantly, falling to just 1,383 per hour on the most recent data.
Statistics of #TRUMP new investors. Source: @0xNing0x
The market saw impressive gains, with major players like Santiago R. Santos, Master Ventures, and Swissborg becoming some of the largest holders of the memecoin. These whales, along with smaller investors, were part of the token's explosive rise, but as the market cooled, a significant number of traders began to experience losses.
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The loss distribution: What went wrong for some?
Despite the massive gains for early TRUMP holders, the memecoin’s volatility also led to significant losses for many traders. According to the loss distribution data, 486,421 addresses lost around $1,000 each, while 65,763 addresses lost between $1,000 and $10,000.
Smaller groups of traders experienced larger losses, with 16,571 addresses losing between $10,000 and $1 million. A more severe group of 367 addresses lost between $1 million and $10 million, and 33 addresses faced total losses exceeding $10 million.
What’s next for TRUMP memecoin?
While the TRUMP memecoin saw substantial profits for some, the volatility and rapid shifts in trader activity highlight the risks inherent in such speculative assets. As the number of new traders slows down, it remains to be seen how the token will stabilize in the coming months. The experiences of both winners and losers may have lasting implications for the future of the token and the broader memecoin market.
For now, TRUMP continues to be a prime example of the extreme fluctuations that memecoins often undergo, leaving investors to weigh the risks and rewards of participating in these high-risk markets.
Reminder, Trump meme coin gains momentum amid volatility.
