President Donald Trump created waves today by promoting the $TRUMP meme token on his Truth Social and X (formerly Twitter) accounts. Imagine earning millions of dollars in just a few hours. The $TRUMP token is going crazy—reaching a 15B FDV in mere hours and generating millions for some traders. Check out the list of top PNLs on our platform and set alerts to catch when they cash out. Link:… pic.twitter.com/raDl0jNZs1 — Spot On Chain (@spotonchain) January 18, 2025 Within hours, the token reached a fully diluted valuation (FDV) of $15 billion, generating millions for savvy traders. My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Fun! pic.twitter.com/flIKYyfBrC — Donald J. Trump (@realDonaldTrump) January 18, 2025 On-chain data shows the token’s initial funding originated from Gate.io and Binance. Trump meme token $TRUMP hit $7B in just 2 hours, with its initial SOL funding traced to https://t.co/D7tjEBpoL0 ! Trump announced the launch of $TRUMP on Truth Social and his official Twitter account. On-chain data reveals the token owner is 5e2qRc, funded by DKbF4.… pic.twitter.com/ZlGDTVlrOi — Spot On Chain (@spotonchain) January 18, 2025 On-Chain Insights and Key Addresses The $TRUMP token’s developer address, 5e2qRc, received SOL funding from Gate.io two days ago and Binance ten days ago. Trump meme token $TRUMP hit $7B in just 2 hours, with its initial SOL funding traced to https://t.co/D7tjEBpoL0 ! Trump announced the launch of $TRUMP on Truth Social and his official Twitter account. On-chain data reveals the token owner is 5e2qRc, funded by DKbF4.… pic.twitter.com/ZlGDTVlrOi — Spot On Chain (@spotonchain) January 18, 2025 – DEV Address: Holds 1.8% of the total supply. After minting 13 hours ago, 820 million tokens were distributed across four holding addresses. – Primary Holding Address: Controls 80% of the supply, with potential plans to lock some tokens. – Liquidity Injection: Two addresses injected 134 million $TRUMP into liquidity pools. – Unknown Purpose: One address holds 30 million tokens but remains inactive. 2/ 关键地址 1⃣DEV 地址：持仓 1.8%，13 小时前 Mint 完后将 8.2 亿枚代币分发至四个持仓地址 https://t.co/a7YWKAmSV6 2⃣榜一待解锁地址：持仓 80%，大概率对应锁定部分代币 2RH6rUTPBJ9rUDPpuV9b8z1YL56k1tYU6Uk5ZoaEFFSK 3⃣流动性注入地址：两个地址共注入 1.34 亿枚 TRUMP 的单边流动性… pic.twitter.com/D36yKjf1uZ — Ai 姨 (@ai_9684xtpa) January 18, 2025 Currently, five addresses hold a staggering 86.6% of the total $TRUMP tokens. Profits and Whales’ Moves A trader identified as @XXAntiWar earned $10.19 million from $TRUMP. He initially purchased 701,000 $TRUMP for 25,800 SOL ($6M) at an average price of $8.5. Over the past three hours, he sold 221,000 $TRUMP for 17,400 SOL ($4.22M) at an average price of $19.1, transferring the funds to Binance. He still holds 479,000 $TRUMP, valued at $11.97 million. XX @XXAntiWar 已经在 $TRUMP 上盈利 $1019 万。 ◎他在 10 小时前花费 2.58 万枚 SOL ($6M) 购买了 70.1 万枚 $TRUMP ，均价约 $8.5。 ◎过去 3 小时里他陆续卖出了 22.1 万枚 $TRUMP 换成 1.74 万枚 SOL ($4.22M) 并将 SOL 转进币安，卖出均价 $19.1。 ◎现在，他还持有 47.9 万枚 $TRUMP … https://t.co/QiBQ3i0U50 pic.twitter.com/8Z8VFwsINy — 余烬 (@EmberCN) January 18, 2025 ETH Whales Exit as SOL and $TRUMP Rally Ethereum whales appear to be cashing out amid $TRUMP and SOL’s explosive growth: – @Christianeth moved 8,161.7 ETH ($26.59M) to Binance, citing a shift to SOL. – @0xVladilena transferred 5,018 ETH ($16.36M) to Binance. – Another address sold 5,000 wETH for $17.25M three hours ago. 鲸鱼们在逃离 $ETH 吗？ 多个鲸鱼今天在卖出 ETH，可能是受到 $TRUMP 及 $SOL 大涨与 $ETH 独跌的对比影响。 1⃣ @Christianeth 在过去 1 小时里将 8,161.7 枚 ETH ($26.59M) 转进币安，他发推说将四分之一的链上资产换成了 SOL。 https://t.co/PCeVSCj927 https://t.co/e205wJsaGh 2⃣ @0xVladilena 在… pic.twitter.com/gzeBjWpir1 — 余烬 (@EmberCN) January 18, 2025 Conclusion As $TRUMP surges, the token’s concentrated holdings and dramatic price action underline the meme token frenzy. Meanwhile, Ethereum’s decline hints at shifting market dynamics as traders seek alternative opportunities. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: hryshchyshen/ 123RF // Image Effects by Colorcinch
