After the speculative frenzy faded, Trump-related memecoins became an almost textbook example of the risks inherent to meme tokens. Based on price data, the OFFICIAL TRUMP token is now trading roughly 95% below its all-time high, while Melania Meme has lost around 99% from its peak.
A new CryptoRank report has reignited discussion. The platform claims that insiders earned more than $600 million through fees and token sales, while the bulk of the losses was borne by retail investors. According to CryptoRank estimates, wallets currently in the red have suffered losses exceeding $4.3 billion, spread across nearly two million addresses, implying a ratio of roughly 20:1 in favor of insiders. It is also noted that 45 large wallets collectively extracted around $1.2 billion.
In a broader context, this case fits a familiar memecoin pattern. Early liquidity access and fee structures systematically favor participants with timing and informational advantages, while late buyers bear the highest risk of sharp drawdowns.
For Bitcoin, such events are not a direct price catalyst but serve as an important sentiment indicator. Crash narratives like these tend to drain liquidity and attention from the altcoin segment and can reinforce the view of Bitcoin as a more resilient and “anchor” asset within the crypto market, especially during periods when overall risk appetite is already fragile.
