🚨Crypto Whales Control 94% of Trump Family Tokens, Chainalysis Reports. 🚨
A Chainalysis report reveals that whales dominate TRUMP and MELANIA meme coins, controlling 94% of the supply through 40 wallets, each holding over $10 million. In contrast, over 600,000 small investors have seen limited gains, with 77% earning under $100 in profits. Most wallets hold minimal amounts, with only 2.1% owning $1–10 million and 1.7% owning $100,000–$1 million.
The initial token distribution highlights centralization: four wallets held most TRUMP tokens post-mint, influencing market direction. For MELANIA tokens, Bubblemaps data reveals 90% of the supply is controlled by a single wallet, despite allocations for the team (35%), treasury/community (20%), and public (15%). Meanwhile, major TRUMP whales have sold off tokens, securing significant profits. This unequal distribution raises questions about decentralization in these assets.
What are your thoughts on the long term impact?