3 Wild Statistics From the Melania and Trump Meme Coins

Official Trump (TRUMP) and Official Melania (MELANIA) – the Trump meme coins family took the crypto world by storm – but 3 fun facts?

Crypto is undoubtedly one of the most volatile markets. You can make millions or lose a big portion of your capital instantly. It’s also a unique space filled with extraordinary moments.

For example, who would have predicted that PNUT would launch and quickly rise to over $1 billion in market capitalization? Similarly, just as Elon Musk often posts on X and sometimes amplifies certain stories, his support for Donald Trump has also become a highlight of 2024.

Just before being sworn in on January 20, the president decided to set the record straight: There will be only one official TRUMP coin. To fulfill this quest, the TRUMP token hit the market on January 18, after hours, just when everyone had shut down and was waiting for the weekend.

TRUMP is a meme coin and has no utility. You can compare it to Pepe and other meme coins on Solana. Hours later, TRUMP prices shot to as high as $75 before retracing on Monday. And the dump was because Melania Trump, the first lady, also launched her token, MELANIA.

I buy $MELANIA

I think @binance spot listing is coming and also #MELANIA will not stand still while $TRUMP wind continues

This is our last chance, we will not see him at this level again.

Dont fade bro pic.twitter.com/VUryA2aJew

— Andrew (@SolAndrew_) January 22, 2025

Interestingly, both tokens command billions in market cap. Some people made money, some bought the peaks, and others couldn’t stomach the volatility.

Amid all this, important observations were to be made, and three wild statistics emerged.

1. TRUMP and MELANIA Fuelled Record Onboarding

TRUMP and MELANIA meme coins are truly extraordinary. After launching, they achieved what only a few crypto projects have done: Unprecedented retail participation.

One analyst on X shared findings from Chainalysis that reveal these two meme coins onboarded new users to Solana. For instance, their researchers found that 50% of these token holders were first-time holders of Solana tokens.

(Source)

At the same time, 47% of them created crypto wallets on the same day the token launched. Furthermore, 83% of all holders own less than $1,000 in SOL assets. This means that most of them are retailers, willing to take advantage of high volatility and even make money.

So far, Solscan data shows that there are over one million TRUMP and MELANIA token holders.

2. The Surge

While prices have cooled off from their peaks, the pace at which TRUMP and MELANIA tokens cannot go unnoticed.

TRUMP surged to a $15 billion market cap, fueled by FOMO trading and social media buzz. Traders who bought at around $5 are still up 740% despite prices falling to around $35 when writing.

(Source)

Once MELANIA launched, everyone was waiting; the token climbed to a market cap of nearly $2 billion. Those who bought at around $3 made over 400% when prices rose $13 on Monday.

According to Coingecko, TRUMP is now the third most valuable meme coin only after Dogecoin and Shiba Inu.

(Source)

3. The Concentration

This is a bad statistic that everyone doesn’t want to see. Ordinarily, whenever a token launches and the issuing address owns more than 60% of the total supply, prepare for a rug pull. It has happened so many times that everyone is wary.

However, it appears that the FOMO in the TRUMP and MELANIA tokens far exceeds the fear of a rug.

According to Solscan, one wallet controls 80% of all TRUMP tokens. Meanwhile, three addresses control over 70% of all MELANIA coins.