Survey finds 1 in 7 Americans buy TRUMP Meme coin

A new survey says that 1 in 7 Americans bought the new TRUMP meme coin, and more than 80% of those buyers made a profit. According to the survey, 42% of TRUMP amd MELANIA buyers are first-time investors in crypto.

The study had a small sample size, and its general conclusions may not be accurate, but it still contains valuable insights into the crypto community.

TRUMP Meme Coin Discussions

Donald Trump changed the meme coin market when he launched TRUMP over the weekend. The Solana-based token quickly grew to a $14 billion market cap and its successor, the MELANIA token, was launched after TRUMP fell.

But, according to a recent study, Trump's new assets have had more of an impact. American market.

“The TRUMP meme coin has caught on quickly, with 14% of Americans investing. This surge in demand is a significant milestone in the growing trend of memecoins backed by political figures. 81% of TRUMP buyers are currently profitable, showing strong demand since its launch and It shows a positive market response, he said.

Even though TRUMP has emerged as one of the biggest Solana meme coiners, these claims still seem pretty incredible. THERE ARE FEW EXTERNAL MEASURES OF HOW SUCCESSFUL TRUMP HAS BEEN.

For one thing, he and Melania created record payments and earnings on the Solana blockchain. Additionally, its launch has generated around $2.2 billion in crypto revenues.

That being said, some of the survey's claims are definitely statistical generalizations. He only asked 1092 Americans, but he said 47 million Americans bought TRUMP in one weekend.

By comparison, Chinese social media app Xiaohongshu/Rednote launched this month and is the #1 app on the App Store, but only has 13 million US users.

In other words, nearly four times as many people bought Trump's meme coins as those who downloaded the new app, according to this survey. Without a larger sample size or more on-chain data, this doesn't seem particularly plausible.

Nevertheless, the conclusions may still provide important insights.

“The Trump and Melania meme coins show a very unusual and interesting trend in society as a whole: the dramatic and unsettling evolution of how we perceive token value. It's not just a technological innovation — it's a profound shift in how society places value. From tangible assets to anything, the most abstract ideas.” “We have moved into a world where even fleeting emotions are monetized,” writes Brian Krassenstein.

According to the survey, 42% of TRUMP buyers have never purchased a meme coin or other digital asset before. The president's platform and popularity made this property an accessible gateway for many newcomers.

Additionally, 55% said Trump is rigging the crypto market, and 75% consider TRUMP to be bad for crypto.

Ultimately, no matter how well this survey represents all of US society, it may still represent the crypto space. Meme coins like TRUMP have become an overnight phenomenon, and have created a very divisive community discourse. Their long-term impact can go in many directions.