TRUMP and MELANIA Meme Coins Leave Retail Investors With $4.3 Billion Loss
Official TRUMP and MELANIA meme coins have caused $4.3 billion in losses for retail investors while insiders profited significantly.Summary
The official TRUMP and MELANIA cryptocurrency tokens, launched over a year ago by Donald Trump and Melania Trump, have resulted in a staggering $4.3 billion loss for retail investors, according to Cryptorank data. While 2 million everyday investors hold underwater positions, 45 early-deployment wallets have collectively gained $1.2 billion, meaning retail investors lost $20 for every dollar insiders earned. The TRUMP token has plummeted 92% from its high, and the MELANIA token has dropped 99%. Analysts attribute these steep declines to the tokens' structural design rather than general market conditions. On-chain forensics reveal that anonymous accounts linked to initial developers systematically drained liquidity pools using a single-sided liquidity provision strategy on the Meteora decentralized platform, allowing them to continuously sell their holdings for USDC. Furthermore, developers have locked $2.7 billion in insider tokens until 2028, coinciding with the end of Trump's presidential term, suggesting remaining retail holders may serve as exit liquidity for this final insider payout.
(Source：BeInCrypto)