Memecoins

Top 10 Smart Money Players Dominate $TRUMP Gains but Face Mixed Fortunes in Post-Meme Battles

In only 10 days from its inception, the meme cryptocurrency $TRUMP has enthralled the crypto market, bestowing stupendous returns on a few saavy investors.

Aunt Ai, a major blockchain tracking platform, has identified the top 10 “smart money” players who collectively snagged nearly $220 million in single-coin profits from $TRUMP. Since then, these investors have moved on to fresh opportunities, but their post-$TRUMP performance showcases a striking range of results.

Who Are the Smart Money Players?

A winning combination of hard work, considerable capital, and a sprinkle of good luck produced the top 10 investors in $TRUMP. They pinpointed early trends, rode some market waves, saw huge profits, and then some, in a matter of days. Still, this latest business move of theirs shows that even the smartest guys in the room can get burned by the next big thing, in this case, meme coins.

Significantly, none of these high earners chose to take it easy after their windfall from $TRUMP. Instead, they rapidly reengaged in the trading arena, throwing themselves into fresh opportunities. Why does this matter? Because it’s our first real look at what these continued champions of crypto are doing. And we all want to know what successful traders are up to.

Mixed Results After $TRUMP Success

Even with their excellent returns, a mere 40% of the top 10 smart money investors managed to keep their overall revenues positive in player-versus-player (PVP) trading after $TRUMP. The most successful traders among this group could not manage to cash out with profits exceeding $1 million in their recent trades. That leaves a rather large 60% of these top smart money players that came away from the PVP trading scene with losses, reflecting the increasing challenges of finding profitable trades in meme coin markets after $TRUMP.

For these traders, the task is not just to reproduce their past triumphs but also to adjust to the swift changes in sentiment and liquidity that characterize the meme coin arena.

$MELANIA: A Profitable Detour

$MELANIA, another meme coin that gained traction in the wake of the success of $TRUMP, found half of the top 10 investors in $TRUMP trading it. All of these participants profited from their trades in $MELANIA, though only two made over $1 million. The top two earners from this trade pocketed a combined $5.63 million, demonstrating that in the world of meme coins, if nothing else, opportunities for big profits exist when one is willing to take a risk.

The key point to understand, though, is that doing well with one meme coin doesn’t mean doing well with all meme coins. As the market gets filled with more and more of these coins, it becomes tougher for any particular coin to maintain the kind of momentum that would lead to universal profitability for the people buying it.

Three Investors Hold On to $TRUMP

Of the 10 best smart money investors, three have not realized the profits of their $TRUMP investments, even though the price of the coin has taken a sharp downturn in recent days. Their paper gains have contracted as the value of $TRUMP has dropped. While holding might signify that these investors see the token as a reliable long-term bet, it also means that they’re potentially exposing themselves to even larger paper losses if the price continues to go down.

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A Whale’s High-Stakes Gamble

A particular whale who has made $39.15 million from several meme coins, among them PNUT, $TRUMP, and $MELANIA, has been making even bolder moves in the $TRUMP market. This investor re-entered the $TRUMP market early yesterday, using $6.05 million USDC to buy 205,000 $TRUMP tokens at an average price of $29.5 per token.

Yet, this whale’s most recent wager hasn’t yet borne any fruit. The price of $TRUMP presently sits at a mere $26.5. That means the original investment is down $600,000. And this is a situation even experienced investors find themselves in from time to time. Despite their better judgment, they occasionally get swept up in the meme coin fever and find themselves swimming in some very risky waters.

The Road Ahead for Smart Money Investors

The $TRUMP saga has once again shown the high-stakes nature of trading in meme coins. While the top 10 smart money players had an incredible grasp of not only when to enter but also when to exit the trade during $TRUMP’s initial run-up, their mixed outcomes in following trades suggests that it’s quite difficult to be consistently profitable trading in this super volatile market.

As the contest sharpens and the market milieu changes, even the savviest investors must stay nimble to remain in front. The whales who still swim in $TRUMP and other meme-coin waters are doing so for a reason, and that reason is risk-taking. The intensifying competition and the tighter margins that are now the meme-coin world suggest that whales, too, are striving to keep their heads above water.

Currently, the tale of $TRUMP serves as an excellent illustration of how momentary chances in the crypto marketplace can form or dematerialize fortunes within just a few days. The presence of smart money in the $TRUMP ecosystem raises several questions, such as: Can these players profit from the second-mover advantage? Will the smart money in $TRUMP be sustainable? And most importantly, is the $TRUMP coin a worthwhile investment, or is it merely another unpredictable meme coin?

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Image Source: kebox/123RF // Image Effects by Colorcinch

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

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Will Izuchukwu

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