94% Token Trump And Melania Only Kept In 40 Wallets

$TRUMP and $MELANIA, introduced by Donald and Melania Trump, are primarily held by cryptocurrency speculators. A recent analysis showed that 94% of these tokens are concentrated in 40 wallets, raising questions about the fairness and distribution of these digital assets. Cryptocurrency whale dominates Trump tokens The TRUMP and MELANIA tokens, launched just a few days before the current President of the United States, Donald Trump’s inauguration, have attracted significant attention in the cryptocurrency world. However, the focus of the rally raises questions about fair distribution and accessibility of these tokens to ordinary investors. Indeed, Chainalysis revealed that wallets holding from 1 million to 10 million dollars of these tokens account for only 2.1% of total holders, while those holding from 100,000 to 1 million dollars account for 1.7%. On the contrary, 2.2% of TRUMP and MELANIA token holders own tokens valued below 100,000 dollars. Furthermore, data from DexScreener shows 790,000 wallets holding TRUMP tokens, while 343,000 wallets hold MELANIA tokens. Bubblemaps objects to this distribution, claiming that 90% of MELANIA tokens are held in a single cryptocurrency wallet, raising doubts about the Rug Pull potential of memecoin Melania. Consequences for investors The concentration of wealth in the hands of whales can cause a disaster. It can lead to market manipulation, increased volatility, and loss of trust among small cryptocurrency investors. Additionally, it limits accessibility and fairness, making it difficult for newcomers to meaningfully participate in the $Trump and $Melania token market. Although Trump and Melania’s memecoin has attracted many new investors, the concentration of wealth in the hands of a few cryptocurrency whales has raised concerns about the fairness and distribution of these digital assets. It remains to be seen how this dynamic will develop as the cryptocurrency market continues to grow and mature. DYOR! #Write2Earn #TRUMPTokenWatch $TRUMP {spot}(TRUMPUSDT)