Majority of TRUMP Holders Face Break-Even or Loss; Expert Criticizes Tokenomics as ‘Outdated’

The vast majority of holders of the “official” meme token of former U.S. President Donald Trump (TRUMP) are either breaking even or facing losses up to $1000, according to data from the Dune dashboard.

The number of traders in profit is roughly half that. The number of holders with significant losses or gains (over $10,000) is much lower.

At the time of writing, TRUMP is priced at $38, with little change over the day. Trading volume has decreased to $476 million.

Since the launch of TRUMP, Circle has issued an additional 3.5 billion USDC to ensure liquidity. The total market capitalization of the “stablecoin” has exceeded $51 billion.

Just printed $123,631,730 USDC!

Circulating Supply: $51,042,707,917

— Stablecoin Printer (@usdcoinprinter) January 22, 2025

Meanwhile, Trump’s wife’s coin — MELANIA — is in a weak position. The asset has fallen by 10% in a day, below $4.

“TRUMP’s tokenomics are poor, but with no unlocks for three months, there is a decent period without concern for new supply,” said DeFi analyst David Zimmerman of K33 Research in a report, as noted by The Block.

He noted that such token distribution structures are “outdated,” as the market increasingly favors projects with fully circulating supply at launch.

“It is unclear who exactly the ‘creators’ are, but Trump will have a significant financial interest in the coin through CIC Digital,” Zimmerman added.

Citizens for Responsibility and Ethics in Washington is preparing lawsuits against Trump on various issues, including the launch of the meme token.