A group of anonymous traders scored a $100 million payday by buying Melania Trump's memecoin just before it launched publicly
- Melania Trump launched her cryptocurrency token $MELANIA on January 19, 2025, hours before President Trump's inauguration via a Truth Social post.
- Shortly before the public reveal, approximately 24 cryptocurrency addresses acquired $2.6 million in $MELANIA tokens within a span of under three minutes, indicating potential insider trading.
- These traders sold approximately 81% of their holdings within 12 hours after the token’s price surge, with one wallet buying $681,000 shortly before launch and later selling $39 million within 24 hours.
- Separately from the roughly $100 million earned by early investors, the group behind $MELANIA, operating via Delaware-based MKT World LLC, has withdrawn approximately $64.7 million generated from initial token sales and related fees.
- This rapid trading episode highlights ethical concerns and regulatory gaps surrounding politically connected memecoins and the potential for exploitation in crypto markets.
20 Articles
20 Articles
Melania Trump helps savvy supporters score $100m fortune with business venture
MELANIA Trump has reportedly helped a group of cryptocurrency traders scoop a $100 million fortune. An investigation has revealed that the first lady’s savvy supporters struck gold by buying her meme coin minutes before it went public. GettyMelania Trump launched her meme coin before Donald Trump’s inauguration[/caption] GettyDonald and Melania Trump cashed in on his return to the White House — with his family launching crypto tokens[/caption] D…
Handful of investors make $100M off Melania memecoin dump
Financial Times reports a small group of traders earned almost $100 million buying Melania Trump’s cryptocurrency token in the minutes before it went public. Donald Trump’s wife unveiled the $MELANIA coin in a social media post late January 19, hours before Trump’s inauguration, and two dozen digital wallets snapped up $2.6 million worth of the tokens from the crypto marketplace in the two and a half minutes before the post went live on Truth So…
Traders made nearly $100M buying MELANIA before the launch
The Financial Times analyst noticed that millions of dollars’ worth of MELANIA memetoken were bought minutes before the launch. Investigation reveals the details of the purchases and estimates combined profits at $99.6 million. The MELANIA token was launched on Jan.…
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