On-chain data indicates that wallets likely associated with Donald Trump's entourage hold an astonishing amount of memecoins, initially implying a value of $2.3 trillion. The launch of TRUMP and MELANIA tokens on Solana has already yielded substantial paper profits—approximately $40.9 billion—with TRUMP reaching an $8.8 billion market cap and MELANIA at $945 million. Notably, the TRUMP treasury wallet reportedly holds $35.5 billion in its token, alongside significant holdings in memecoins linked to other Trump family members. 77% of MELANIA is reportedly retained in three wallets associated with the Melania team, totaling around $4.8 billion. However, much of this wealth is on paper, as the team cannot liquidate such large amounts without causing significant market disruption due to their dominance in token supply and existing vesting schedules restricting sales. This scenario highlights the speculative nature of these tokens, as actual gains from trading them may be difficult to realize without jeopardizing market stability.

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