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Cryptocurrency News Articles

$TRUMP FOMO Craze Ends, Losing Addresses Outnumber Gaining Addresses 10:1

Jan 22, 2025 at 11:33 am

The $TRUMP trading FOMO craze has come to an end today, and it’s time to review the on-chain data of the past 4 days.

$TRUMP FOMO Craze Ends, Losing Addresses Outnumber Gaining Addresses 10:1

The $TRUMP trading FOMO craze has come to an end today, and it’s time to review the on-chain data of the past 4 days.

$TRUMP attracted a total of 929,543 new on-chain traders, and its growth curve for attracting new traders showed a power-law distribution, reaching an extreme value of 42,208/hour at 11:00 on January 18 (Beijing time), and then showed a rapid decay curve, dropping to 1383/hour at 16:00 today (Beijing time).

So far, the $TRUMP conspiracy group (addresses that only sell but do not buy) has sold a total of $310,654,055. The conspiracy group's token sales have two extreme points, which appeared at 9:00 on January 20 and 23:00 on January 20, Beijing time, selling $2.35 million and $7.28 million respectively. The wave at 9:00 on January 20 was a panic sell-off. Due to the sharp drop in the currency price at that time, the amount converted into US dollars was not as good as that at 23:00 on January 20.

In this carnival of humanity and capital, only four addresses were labeled as diamond hands. They spent a total of $674 to buy $TRUMP and are now losing an average of $168.

Diamond hands are as rare as diamonds.

As the unilateral upward trend of $TRUMP coin price ended and volatility returned to the normal range, the number of addresses holding the coin peaked at 852,000 and then began to slowly decline to the current 770,000.

When the dream is over, the hot money retreats, and some lose and some gain. After all, the single-currency A8 is only a legend that belongs to a few people.

$TRUMP whales started to enter the market and build positions at 20:00 on January 18 (Beijing time, the same below). They began to reduce their positions rapidly at 4:00 on January 20. When Mrs. Trump’s coin was issued at 5:00 on January 20, they increased their selling efforts. When $TRUMP plummeted, they immediately began to increase their positions at the bottom and gradually reduced their positions in the second rebound.

Now whales have reduced their positions to historical lows.

Finally, let’s pay homage to the group photo of the chain kings who performed eye-catching operations in the $TRUMP transaction.

As a bonus, here’s a $TRUMP PNL distribution map for you to find your own position on and calm down.

$TRUMP's PNL distribution perfectly conforms to the normal distribution law, and the specific distribution is as follows:

Earned $10M+: 28 addresses;

Earned $1M~$10M: 424 addresses;

Earned $10k~$1M: 16791 addresses;

Earned $1k~$10k: 50636 addresses;

Earned 0~$1k: 259429 addresses;

Lost 0~$1k: 486421 addresses;

Lost $1k~$10k: 65763 addresses;

Lost $10k~$1M: 16571 addresses;

Lost $1M~$10M: 367 addresses;

Lost $10M+: 33 addresses

Disclaimer:info@kdj.com

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Other articles published on Jan 22, 2025