According to blockchain intelligence firm Arkham, three wallets linked to the TRUMP token team have emerged among the top five recipients of the Meteora ($MET) airdrop, collectively receiving $4.2 million worth of tokens. The firm’s analysis revealed that these addresses include a developer wallet and two accounts that provided early liquidity for the TRUMP token on day one of trading.
Arkham’s dashboard shows that all three wallets deposited the entire airdrop to OKX, raising speculation about whether the funds will be held, sold, or redistributed. The move quickly drew attention across crypto circles, as on-chain observers noted that the airdrop size represents one of the largest single distributions to a politically affiliated project.
TOP5 RECIPIENT OF THE METEORA AIRDROP: TRUMP
Three of the addresses involved with the TRUMP team just received a $4.2 Million airdrop of $MET.
The developer address, and two addresses that provided extensive liquidity for TRUMP on day 1. All 3 addresses just deposited the… pic.twitter.com/8BSjxOB8Vf
— Arkham (@arkham) October 23, 2025
The Meteora protocol, which launched its governance token MET earlier this week, is known for its yield optimization and liquidity management products on Solana. However, Thursday’s revelations added a controversial twist to the launch.
In a related development, reports surfaced of a U.S. class-action lawsuit alleging that Meteora founder Benjamin Chow was involved in the creation of two previous meme coin schemes, MELANIA and LIBRA. The lawsuit claims investors were misled by promotional campaigns tied to public figures and themed branding, though Chow has not publicly commented on the case.
While none of the Trump-associated wallets have been directly linked to misconduct, the overlap between major airdrop allocations and politically branded tokens has reignited debates about transparency in token distribution. Analysts suggest the incident highlights how blockchain data can expose deep ties between emerging projects and high-profile market participants.
The TRUMP token remains one of the most traded political-themed assets in 2025, and this unexpected airdrop windfall may further fuel speculation around its team’s influence in the broader meme coin ecosystem.