Small Group of Traders Reportedly Made $99.6M From Pre-Launch Purchases of Melania Trump Memecoin
Submitted by Anonymous (not verified) on Wed, 05/07/2025 - 14:00
A Financial Times report has revealed that a small group of traders profited approximately $99.6 million by purchasing the Melania Trump memecoin, MELANIA, just minutes before its public announcement on January 19. In the two and a half minutes leading up to the launch, around two dozen digital wallets acquired $2.6 million worth of tokens, […]