BREAKING
383d 7h ago

Insights into TRUMP/MELANIA Holders: 50% New to Solana Ecosystem with Small Investments

SOL

SOL/USDT

$88.53
+2.64%
24h Volume

$3,875,175,794.90

24h H/L

$89.20 / $86.02

Change: $3.18 (3.70%)

Long/Short
76.5%
Long: 76.5%Short: 23.5%
Funding Rate

-0.0160%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$88.49

1.03%

Volume (24h): -

Resistance Levels
Resistance 3$113.8728
Resistance 2$100.5725
Resistance 1$93.5288
Price$88.49
Support 1$87.525
Support 2$81.3658
Support 3$67.50
Pivot (PP):$87.9733
Trend:Downtrend
RSI (14):30.8

In a recent analysis by Blockworks co-founder Yano, data from Chainalysis has revealed noteworthy insights into the trading behavior surrounding the TRUMP/MELANIA tokens. The study indicates that a significant 50% of these token holders had previously never engaged with any Solana ecosystem projects, highlighting a potential influx of new investors into the cryptocurrency space. Moreover, the analysis shows that 47% of these holders established new wallets specifically on the day they acquired the tokens, suggesting a strategic approach to their investment. Interestingly, a staggering 83.4% of the total holdings fall below a valuation of $1000, which may imply a trend towards smaller, more accessible investments among newcomers in the crypto market. These findings emphasize the evolving dynamics within the cryptocurrency landscape as new participants enter the arena.

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