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Data from the blockchain analytics firm showed the memecoin had seen more than $869 million in outflows and $96 million in inflows over the past seven days.<\/p>\n
Though the identities of many of the top holders of US President Donald Trump\u2019s memecoin were still unknown, blockchain data showed significant outflows over the past seven days \u2014 during which time he announced a dinner and White House tour for certain tokenholders.\u00a0<\/p>\n
According to data from blockchain analytics firm Nansen as of April 25, the TRUMP memecoin had seen more than $869 million in outflows in the last seven days compared to roughly $96 million in inflows among the top 500 changes. Some of the changes followed Trump announcing that the top 220 TRUMP holders could app<\/a>ly to meet him at a golf club dinner in Washington, DC, with fewer opportunities for a White House tour.<\/p>\n \u201cIt\u2019s clear that more people took the opportunity to offload their Trump tokens than new buyers came in,\u201d said Nansen. \u201cThere still appears to be some interest \u2014 either A) to secure the dinner ticket, or B) to capitalize on price volatility. As a result, a few new wallets have entered the top 250 holders, while some previous holders seem to have taken the opportunity to exit their positions.\u201d<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n