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The truth is in the data. That’s kind of our motto if you ask me. And the data around the Trump coin is very telling.

Last week, Chainalysis released some data on the Trump coin launch, breaking down who owns it and where they’ve come from. The most obvious datapoint is that the majority of holders have less than $100 worth, suggesting that it’s heavily owned by retail. 

Source: Chainalysis

According to Chainalysis, a survey of the wallet age shows that a lot of these retail buyers are new to crypto. In the chart below, you can see that the majority have just opened the wallets,…

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