New data reveals that only 58 cryptocurrency wallets have made substantial profits from the
$TRUMP meme token, while over 764,000 investors have reported losses.
A separate incident involving the
$MELANIA token shows a pattern of insider activity. Just 2.5 minutes before Melania Trump’s official announcement on Truth Social, 24 wallets purchased approximately $2.6 million in MELANIA tokens, later selling them during a rapid price increase — netting roughly $100 million in profits.
Analysts have linked one wallet to Hayden Davis, previously associated with the LIBRA meme coin, widely considered a scam. The MELANIA project is registered to MKT World LLC, a company Melania Trump has used since 2021.
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