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Half of TRUMP and MELANIA memecoin holders never bought a ‘Solana altcoin’ before: Chainalysis The Block 2 weeks ago

Half of TRUMP and MELANIA memecoin holders never bought a ‘Solana altcoin’ before: Chainalysis 🐳

Chainalysis revealed interesting statistics about TRUMP and MELANIA memecoin holders, noting that half of them had never purchased a Solana altcoin before. The investigation highlighted a significant disparity in earnings between holders. While the majority of wallets recorded earnings under $100, approximately 60 whale investors managed to reap over $10 million each.

This striking contrast underscores the volatile nature of meme-based cryptocurrencies and raises questions about market participation from smaller investors.

Source: www.theblockcrypto.com ↗

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