Whale Alert! 🐳 94% of Trump Meme Coin Treasure Chest Snatched by 40 Titans

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Behold, dear reader, the tale of two coins: TRUMP and MELANIA. These digital treasures, bestowed upon us by the former sovereigns of the land, Donald and Melania Trump, have stirred the crypto seas and raised the sails of controversy.

Lo and behold, the wise scribes at Chainalysis have revealed that forty mighty whales, those who hoard ten million pieces of eight or more in these tokens, possess a staggering 94% of the coinage. The common folk, alas, hold but crumbs—2.1% for those with a chest of one to ten million, and 1.7% for those with a modest purse of one hundred thousand to one million. The peasantry, those with less than a hundred pieces, cling to a mere 2.2% of the bounty.

This lopsided distribution leaves the waters choppy, with the slightest movement by the whales causing waves that buffet the ships of smaller investors. The volatility, oh how it dances, making the tokens a risky bet for the faint of heart.

A Retail Renaissance 🛍️ Amidst Newcomers

Yet, amidst the whale’s feast, there is a surge of retail interest. Chainalysis notes that over 80% of TRUMP and MELANIA holders are mere mortals, investing less than a thousand pieces on the Solana blockchain. Many of these brave souls created their wallets on the very day they took the plunge into this digital sea, proving that the allure of the tokens is strong among the uninitiated.

As we speak, 790,800 wallets carry the TRUMP token, while 343,382 bear the mark of MELANIA. Alas, the tides have turned against them, with TRUMP falling from its majestic height of $75 to a humble $35.81, and MELANIA sinking from $13 to a mere $2.85.

Despite the stormy weather, over 77% of TRUMP holders have yet to fill their pockets with more than a hundred pieces of silver. Meanwhile, the fortunate sixty whales have amassed over ten million pieces each. A lucky few have escaped with losses between $10,000 and $100,000, and fewer still have sunk beneath the $100,000 mark.

Ethical Storms on the Horizon ⚡

As these coins dance under the moonlight, whispers of ethical concerns and regulatory storms grow louder. Some dare to question whether the Trump Organization’s deep pockets in these tokens might lead to conflicts of interest, hinting at potential misuse for political or financial gain.

And what of the former king himself? During a recent gathering, he jests, “I don’t know much about it other than I launched it. I heard it was very successful.” His jesting, though light, has drawn the ire of many, especially as the coins’ values plummet like stones thrown into the sea.

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2025-01-23 14:14