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A crypto trader capitalized on Donald Trump’s legal troubles, profiting from a surge in newly launched meme coins related to the ex-US president.<h2 id="header-0">Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">www.ChikaMoji.lol</a></h2><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Chika-Moji-Airdrop.png?fit&#61;1920%2C1080&amp;ssl&#61;1" />Following this revelation, numerous meme coins inspired by Donald Trump flooded the market, with some experiencing rapid and substantial growth, generating significant profits for investors.<h3 id="trader-profits-160-000-from-trump-s-conviction">Trader Profits $160,000 from Trump’s Conviction</h3>A <a href="https://cryptosheadlines.com/crypto-trader-spends-120k-in-fees-to-acquire-156k-worth-of-meme-coin-four/" rel="noopener noreferrer nofollow">crypto trader recently capitalized on the launch of new meme</a> coins inspired by Donald Trump. According to <a href="https://x.com/lookonchain/status/1796354633226743958?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">Loockonchain</a> analytics, the trader initially invested 85 SOL tokens, equivalent to $14.6K, in FREE TRUMP tokens. Within five hours, these tokens surged in value to 814 SOL, totaling $140,000, resulting in a staggering profit of $125,000.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/06/Screenshot_7.png?resize&#61;640%2C857&amp;ssl&#61;1" /><a href="https://x.com/lookonchain/status/1796354633226743958?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">Loockonchain post. Source: X</a>Continuing their successful streak, the trader then invested 72 <a href="https://cryptosheadlines.com/tokens-sol-ada-and-matic-plummet-20-following-sec-lawsuit-allegations/" rel="noopener noreferrer nofollow">SOL tokens</a>, valued at $12.3K, in NEVER SURRENDER (TRUMP). After the prices soared, the trader sold them for 315 SOL, worth $54K, earning a profit of 243 SOL or $42,000.<h2 id="header-1">Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">www.ChikaMoji.lol</a></h2><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Chika-Moji-Airdrop-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" />In total, the trader spent $26.9K and reaped $167,000 in profits within just a few hours due to well-timed investments.This scenario is not unique, as the crypto industry attracts numerous opportunistic traders who swiftly capitalize on market trends, generating significant returns. This trend has normalized substantial profits for investors in Solana-based <a href="https://cryptosheadlines.com/attention-on-meme-coins-meme-stocks-and-ripple-in-weekly-cryptosheadlines/" rel="noopener noreferrer nofollow">meme coins</a>, as Solana continues to be a preferred network for launching such tokens. The continuous influx of new <a href="https://cryptosheadlines.com/meme-token-craze-fuels-solana-network-activity/" rel="noopener noreferrer nofollow">meme coins on the Solana network fuels</a> excitement and speculation among investors.<h3 id="trump-inspired-meme-coins-market-update">Trump-Inspired Meme Coins: Market Update</h3>FREE TRUMP (FREE): At the time of writing, FREE TRUMP (FREE) is trading at $0.04018, reflecting a 12% increase from yesterday’s levels. The meme coin boasts a market capitalization of $4 million and a robust trading volume of $3.35 million. Despite a decline from its peak of $0.0755, FREE’s price is currently on an upward trajectory.FREE TRUMP gained significant attention when its price surged by 633% at the time of Donald Trump’s verdict, resulting in substantial profits for crypto traders.<a href="https://cryptosheadlines.com/vechain-vet-price-speculations-surge-on-vet-etf-possibility/" rel="noopener noreferrer nofollow">Also Read: VeChain (VET) Price Speculations Surge on VET ETF Possibility</a>NEVER SURRENDER (TRUMP): Meanwhile, NEVER SURRENDER (TRUMP) continues its upward momentum, witnessing a remarkable surge of 121.78%. This surge has propelled its price to $0.00001703. In a short span, the meme coin has garnered significant popularity, achieving a market capitalization of $6.4 million and a trading volume of $9.03 million.Both FREE TRUMP and NEVER SURRENDER (TRUMP) exemplify the fervent interest and speculative activity surrounding Trump-themed <a href="https://cryptosheadlines.com/okx-lists-wall-street-memes-coin-wsm-on-spot-market/" rel="noopener noreferrer nofollow">meme coins in the cryptocurrency market</a>.Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Crypto Trader Makes Massive Profits on Trump-Inspired Meme Coins

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