Exchanges Earn $172M Listing TRUMP Memecoin in Four Days
Top exchanges generated over $172 million in trading fees by listing TRUMP memecoin within an average of four days. This listing speed dwarfs the 129-day average for other memecoins such as PEPE, BONK, FARTCOIN and WIF.
Despite surging user demand, 80% of TRUMP memecoin’s supply remains concentrated in the Trump family’s hands, raising distribution risks. Since launch, 45 wallets have profited $1.2 billion, while 712,777 addresses have incurred combined losses of $4.3 billion.
The token peaked at $75 in January but now trades at $9.43, down 87.1% from its ATH and 2.6% on the day. Operators have also earned $314 million from initial sales and $36 million in Solana network fees. The rapid listing and substantial exchange revenue highlight the market’s appetite for high-profile tokens, even as steep price declines and supply concentration pose risks.
Bearish
Despite record trading fees and rapid listings, TRUMP memecoin’s steep price drop (87% below ATH) and high supply concentration (80% held by insiders) signal continued downside risk. Large cumulative losses across 712,777 wallets reflect waning retail confidence. While exchanges benefit from fees, traders face elevated volatility and distribution uncertainty, pointing to bearish short-term and potential long-term pressure on TRUMP memecoin.