Back

VALOR Becomes Second Largest Asset in TRUMP Meme Coin Team Wallet

Blockchain data shows the TRUMP meme coin team wallet acquired over 27 million VALOR tokens from American Launchpad, now its second-largest holding after TRUMP.

TRUMP

Summary

Lookonchain reported that the wallet linked to the Official Trump (TRUMP) meme coin team now holds 27.37 million VALOR tokens, valued at about $240,000. The acquisition makes VALOR the team's second-largest asset after TRUMP. VALOR was launched via American Launchpad, and this transfer reflects a notable shift in the portfolio composition of the TRUMP meme coin team.

Terms & Concepts
  • Meme Coin: A cryptocurrency inspired by internet memes or cultural references, often community-driven and subject to high volatility.
  • Launchpad: A platform that facilitates the initial offering or listing of new cryptocurrencies, providing fundraising and distribution channels for projects.
  • On-chain Data: Information recorded and accessible directly from the blockchain, used for tracking transactions, holdings, and network activity.