Donald Trump’s new meme coin, $TRUMP, has opened a pandora’s box of hype and speculation in the crypto world. Though a handful of traders have made out like bandits, the majority of everyday investors are facing historic losses. New data shows that since April 15th, over 100,000 new wallets have bought into $TRUMP.

A mere 58 wallets have gone on to see phenomenal amounts of success. Each has made more than $10 million, collectively bringing in a staggering $1.1 billion in revenue. On the other hand, as many as 764,000 wallets, mostly with small holders, have lost money on their $TRUMP investments.

Donald Trump’s $TRUMP has already pulled in over 2 million unique wallets. Even with all the buzz, only 20% of the full $TRUMP supply is in circulation right now.

The allure of $TRUMP initially propelled its value to $15 billion following a series of promotional posts from Donald Trump on Truth Social and X. The meme coin soon lost most of its value within days of its dramatic rise.

One of those events, an invitation-only dinner, is planned for May 22 at Trump National Golf Club in Washington, D.C. Relax at a VIP reception with the 25 wallets with the largest $TRUMP balances. Then, get ready for a VIP tour of the White House! Traffic to the hub increased by more than 50%. This boom in excitement came after the project’s website fronting the launch listed a black-tie-optional dinner with Donald Trump for the 220th holder.

While many investors face losses, insiders of $TRUMP are reportedly generating significant revenue, even with their tokens under vesting restrictions. According to reports, the other 80% of $TRUMP is controlled by the Trump Organization and its affiliates. Unlike the calendar portion, this portion is presently locked under a three-year vesting schedule. Insiders just committed to not selling their allocations publicly for another three months.

Since January, wallets linked to $TRUMP’s inventors have raked in over $324 million just in trading fees. This huge torrent of revenue leads us directly to the question of how the wealth created by this meme coin should be shared.