The truth about the wealth of TRUMP tokens: Big players compete in the arena, with an average purchase of US$590,000 per person, and an address bought US$1.09 million within one minute of the currency being issued.

Author:Frank , PANews

On January 18, US President Trump issued his personal MEME token TRUMP (OFFICIAL TRUMP) before taking office, creating the first personal cryptocurrency in history issued by a US president. After the issuance of the TRUMP token, it not only caused an uproar in public opinion, but also triggered a crazy market for the token in the market. In just 2 days, the market value of TRUMP tokens exceeded US$82 billion (FDV), an increase of approximately 450 times from the issue price of US$0.1824 to a maximum of US$82. Many fast players have made a lot of money, while many more people are watching and sighing in the face of high prices.

PANews conducted an analysis of the first purchase time, purchase price, and position reduction time of the top 1,000 large holders of TRUMP tokens to interpret the financial game behind this presidential token from the data.

The average purchase of large households is US$590,000

As of the afternoon of January 20, the number of TRUMP token holding addresses on the chain has exceeded 853,000. Adding the number of currency holders on centralized exchanges, the total number of currency holders should be no less than 1 million. The top 1,000 currency-holding addresses hold a total of 78.12 million coins, accounting for approximately 39% of the total circulation (excluding major exchange addresses). The total currency holdings of these large households are approximately US$4.68 billion. From the perspective of currency holding costs, these large investors spent a total of approximately 428 million U.S. dollars on their first purchase. They purchased approximately 15.91 million tokens for the first time, with an average cost of approximately 26.9 U.S. dollars. As of the afternoon of January 20, the average increase achieved by these large holdings was approximately 123%.

On the surface, these investors have achieved relatively large profits and once again created the myth of wealth in the MEME track. However, judging from the average initial purchase amount of addresses, these addresses currently in the top 1,000 are indeed large spenders, with the average initial purchase amount of approximately US$591,000. This amount is significantly different from other MEMEs.

Nearly 40% of large households have cost prices below US$15

Judging from the overall purchase cost distribution of large investors, the cost price with the largest purchase range is around US$3.1, within half an hour after the token issuance. Next is the range of 5 to 10 US dollars. The proportion of initial purchase costs below US$15 is approximately 38.8% of the total analyzed samples. In addition, the number of first-time purchase addresses between US$45 and US$65 is the largest, accounting for about 28%.

Overall, the number of tokens purchased by these large investors for the first time accounted for 44% of the overall holdings, and 7.7% of the large investors chose to buy in one lump sum.

In addition, nearly 10% of large investors invested more than US$1 million at one time when they first bought. This is very different from traditional MEME coins. However, the initial purchase cost of these super large investors is not low. The average cost is about US$46, and the distribution time is basically purchased on the 19th. This group of large investors may represent the investment logic of the main players. Even when faced with tokens issued by the President of the United States, they will still set aside one day for decision-making analysis and enter the market at a price that most people think is not low.

From the perspective of selling prices, the price range with the most first-time sales is between $65 and $70, with 17.8% of addresses shipping for the first time in this price range. Secondly, the most sold items are between US$40 and US$50. Overall, the total amount spent on the initial purchase of these top addresses was approximately US$428 million, and the total amount spent on the initial sale was approximately US$1.06 billion. The overall profit on the initial sale was 2.47 times the profit.

In addition, about 28% of the addresses did not sell after buying. The average holding cost of these large addresses was US$23.45, and the total initial purchase amount was approximately US$67 million.

From a time perspective, 56% of the addresses bought on the first day, and most of the addresses bought the tokens just after they were issued.

In terms of selling time, most large investors made their first sale on the 19th. Judging from the big data of position holding time, the average holding time of these large investors is about 7.5 hours.

The strongest address was issued and one million was invested within 1

minute.

Among them, the strongest main force is the address 6QSc2CxSdkUQSXttkceR9yMuxMf36L75fS8624wJ9tXv. This address spent US$1.09 million to buy 5.97 million tokens at 10:01 on January 18. The purchase price was about 0.1835, which is almost the same as the opening price. , and then the address distributes the tokens to multiple addresses for distribution and shipment. Based on the highest price of $82, the maximum value of the tokens of this address can reach $477 million. According to incomplete statistics, the addresses associated with this address have sold more than $20 million of tokens. According to discussions on social media, this address has previously targeted tokens such as GRIFT, CHILLGUY, and MOODENG, and is considered by many netizens to be the address of a Jupiter insider. Judging from the transaction behavior, even if the user learned about Trump’s issuance of tokens for the first time, he was able to make a decision in 1 minute and bet $1.09 million, which is hard to believe. Coincidence or operational ability.

In addition, the TRUMP token was created around 10 o'clock on the 17th, and trading began one day later. I wonder if some of these people with prior knowledge are ready to buy in advance?

A game that compares financial strength and hand speed

Overall, compared with the development history of other MEME coins, the real advantage of TRUMP is not the amazing growth rate. In the data of large households, we rarely see cases of exaggerated returns achieved by buying with small funds. Judging from the investment amounts of KOLs who have achieved greater profits posted on social media, their investment funds are not small. It can be said that the TRUMP token may seem like a once-in-a-lifetime opportunity, but in fact the opportunity for 10U God of War is not that great. Compared with previous tokens that frequently increased by tens of thousands of times, TRUMP’s 450-fold increase is not that high.

The reason why TRUMP has triggered FOMO among the people is that on the one hand, the token’s astronomical market value of up to US$82 billion has caused an exaggerated increase effect on the outside world. On the other hand, some KOLs who bought early publicly posted their orders, making this FOMO sentiment even stronger. After all, compared with the previous results where one had to rely on analysis and various inside information to bet on a golden dog, TRUMP can be said to be released openly. At this time, the competition seems to be more about hand speed and amount of funds.

As many members of the Trump family participated in the MEME coin issuance activities and fled from early profits, the TRUMP token once fell to $30 on January 20, with a correction rate of more than 60%. This kind of violent fluctuation proves that even the MEME currency issued by the president cannot avoid the characteristics of high volatility. From the perspective of chips, TRUMP currency has become a market for big players to compete, rather than the next gold mine that changes destiny.