Survey Reveals 81% of TRUMP Token Buyers Profited
TRUMP and MELANIA tokens continue to fuel market discussions. A survey conducted by NFTEvening and Storible highlights profitability for many, with 81% of TRUMP investors reporting gains. However, skepticism about their broader impact lingers.
On January 18, Donald Trump introduced his $TRUMP memecoin, followed closely by Melania Trump’s $MELANIA on January 20. To evaluate the reception and significance of these tokens, NFTEvening partnered with Storible for a survey involving over 1,000 Americans. The findings provide a window into the tokens' impact on crypto buying trends and public sentiment.
For many participants, Official Trump (TRUMP) and Official Melania (MELANIA) represented their entry point into cryptocurrency. This underlines the growing significance of memecoins in bringing new users into the crypto space.
On January 18, Donald Trump’s memecoin launch captured widespread attention, reaching a peak value of $72.62 and a market capitalization of $14.5 billion. Shortly after, Melania Trump introduced her own token, MELANIA, adding to the buzz.
Related: “Pump&Dump or Fair Launch? TRUMP and MELANIA Tokens Spark Controversy”
A January 20 survey by NFT Evening of 1,092 Americans explored opinions on these tokens. Findings revealed that 14% of respondents had purchased TRUMP, with 42% of these being first-time crypto buyers. This data underscores how memecoins can attract a wave of new participants to the cryptocurrency market.
How Investors Are Profiting From TRUMP and MELANIA Memecoins
Both $TRUMP and $MELANIA tokens are delivering solid returns: 81% of $TRUMP investors and 86% of $MELANIA holders report profitability.
The strong performance of these tokens underscores the appeal of politically-linked cryptocurrencies. The survey data, however, does not include all holders of these memecoins.
Americans React to TRUMP and MELANIA Coins
Despite their financial achievements, TRUMP and MELANIA memecoins face skepticism from 55% of Americans, who suspect the Trumps of manipulating the market for personal gain. Such concerns have fueled debate over the appropriateness of political figures influencing crypto trends.
Moreover, 75% of respondents view TRUMP as a destabilizing factor for the market. A striking 98% of these individuals avoided investing in the token, reflecting broader apprehensions about the implications of politically tied cryptocurrencies on the sector’s long-term stability.
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