- 58 wallets have made over $10 million each from President Donald Trump’s meme coin, totaling $1.1 billion in profits, blockchain analytics firm Chainalysis said.
- 764,000 wallets of mostly small holders have lost money on $TRUMP, according to the firm.
- The $TRUMP event, set for May 22 at Trump National Golf Club, Washington, D.C., includes a reception for the 25 wallets with the largest balance, along with a White House tour.
About 764,000 wallets that purchased President Donald Trump‘s $TRUMP meme coin have lost money on the investment, according to fresh data shared with CNBC by blockchain analytics firm Chainalysis.
Most of the wallets that lost money held smaller amounts of the token, according to the firm’s on-chain analysis. …
Chainalysis said that while around 2 million wallets have bought into the token, 58 wallets made more than $10 million apiece, totaling roughly $1.1 billion in gains.
