Traders Profit 550% on Melania Trump Meme Token
On May 7, 2025, a significant event unfolded in the cryptocurrency market. Some cryptocurrency traders made a substantial profit by preselling the Melania Trump meme token, MELANIA. These traders spent approximately $2.6 million to purchase the token just minutes before First Lady Melania Trump announced the launch of her personal meme coin on social media. The announcement triggered a surge in the token's price, which skyrocketed from around $2 to $12.95, marking a 550% increase. These traders capitalized on the price surge by selling off all their holdings within 12 hours, resulting in a profit of around $100 million.
In total, 24 accounts were involved in the presale, purchasing 16.7 million MELANIA tokens. The originally planned total supply for the token during the launch was 200 million tokens. Just 42 seconds after the token was released, another 22 accounts bought tokens worth around $900,000, further driving up the demand and price of the token. This swift and coordinated action by the traders highlights the potential for significant profits in the volatile cryptocurrency market, particularly when leveraging insider knowledge or timely information.
This event underscores the speculative nature of the cryptocurrency market, where tokens can experience dramatic price fluctuations based on announcements and market sentiment. The rapid price increase and subsequent profit for the traders demonstrate the high-risk, high-reward dynamics of investing in meme tokens and other speculative assets. The success of these traders also raises questions about the transparency and fairness of token launches, as well as the potential for market manipulation.
The Melania Trump meme token launch serves as a case study in the power of social media and celebrity influence in the cryptocurrency market. The announcement by the First Lady generated significant interest and drove up the token's price, benefiting early investors who had purchased the token before the announcement. This event highlights the importance of staying informed and being prepared to act quickly in the fast-paced world of cryptocurrency investing.

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