The TRUMP memecoin generated 172 million USD in trading fees within a short period, with exchanges listing it just 4 days after launch—much quicker than other memecoins that took 129 days. High demand pushed exchanges like Coinbase to act promptly despite regulatory scrutiny.
About 80% of TRUMP’s supply is held by the Trump family and associates, leading to concentration concerns. While 45 wallets profited 1.2 billion USD, 712,777 traders collectively lost 4.3 billion USD. This disparity raises questions about the sustainability of the memecoin’s popularity.
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