On the second day of his inauguration, Trump's stocks and currencies had a big dump, while the winners had already made a profit and left the scene.

Author: Bu Shuqing

Source: Wall Street News.

On the second day of Donald Trump’s inauguration as the 47th President of the United States, related concept assets fell sharply, with the stock price of Truth Social, the parent company of Trump Media and Technology Group (TMTG), plummeting 11% on Tuesday, while the so-called ‘Trump coin’ plunged more than 40% from its peak.

However, when asked on Tuesday afternoon local time, Trump said, “I know very little about it, except that I issued it. I heard it’s very successful, but I haven’t looked into it yet.” Influenced by this statement, Trump Coin plunged at one point, but has since recovered some lost ground, with a cumulative increase of over 20% in the past 24 hours.

“TrumpCoin” reached a historical high of $75.35 after its launch, while MeMeCoin, launched by Melania Trump on the same day, also reached a high point of $13.73. Although both fell sharply on Tuesday, investors who bought early and sold near the peak still made significant profits.

Early data from analytics firm Nansen shows that as of Monday noon, many of the largest Trump coin holders (those who invested over $20 million) were selling Trump coins and making profits. Among them, an investor who held Trump coins worth over $52 million once sold all of his position and gained a return on investment of 91%.

Among the top 15 largest position holders, as of Monday noon, about 33% have completely exited their positions. The remaining position holders have sold most of their positions, but the positions are relatively smaller. An exception is a major shareholder with a position size of 32 million US dollars who has not sold yet.

According to Nansen’s data, investors with returns exceeding 10,000% have different positions. The lowest is $1,400, and the highest is nearly $2.4 million. The holder with the highest return has achieved nearly 19,000% and holds a position worth $270,000. As of Monday noon, they still hold 54% of the position.

Some people make a fortune, while others lose everything. One investor completely exited their position after a 36% loss, losing over $3.5 million. Another wallet was sold off after a 41% loss, losing nearly $2 million.