Bernstein analyst Gautam Chhugani said that insiders holding $Trump tokens could distribute these supplies, causing unsuspecting investors to incur losses, as has happened in the past with Trump-related assets, especially when the stock of Trump Media & Technology Group, the parent company of Truth Social, fluctuates. Gautam Chhugani added that the 80% supply held by insiders does put some pressure on the token, considering how quickly its market cap has skyrocketed. But a token directly tied to the president may be more durable than most, but its ownership structure may reduce its appeal. In this case, a meme coin that exploits Trump's brand effect and political image has some durability, but since 80% of the internal supply is provided by Trump affiliates, its longevity will depend on the potential token design. (BusinessInsider)