Crypto whales dominate holdings of Trump family tokens: Chainanalysis
The US president and first lady’s recently launched memecoins are mostly held by just 40 crypto whales who have $10 million or more in either of the tokens, according to a blockchain analytics firm.
The crypto whales “dominate” token holdings for Donald Trump’s Official Trump (TRUMP) token or wife Melania’s Melania Meme (MELANIA) token, making up for 94% of the combined token share, Chainalysis said in a Jan. 22 X post.