Some traders just flipped internet chaos into a jaw-dropping payday. A handful of early buyers allegedly walked away with over $100 million after getting in on the Melania Trump-themed memecoin just before it launched publicly — and now, questions are flying as fast as the profits.
Wallets Move Fast Before Melania’s Name Drops
Before the coin even hit the open market, on-chain data shows a flurry of activity. According to Lookonchain, three wallets bought over 420 million $MELANIA tokens mere minutes before the memecoin launched on Solana DEXes. The timing was surgical. Just days later, the token exploded more than 5,000%, briefly pushing its market cap past $240 million.
And they didn’t just hold. Blockchain records suggest the wallets swiftly sold into the mania, locking in what on-chain sleuths estimate to be over $100 million in gains.
Speculation Runs Hot on Insider Intel
It wasn’t just the perfect timing that set off alarm bells — it was who these wallets were allegedly linked to. One wallet receiving the pre-launch $MELANIA was reportedly tied to the team behind other Trump-themed tokens, like $TRUMP and $BODEN. Some in the crypto community believe the same insiders helped seed and pump multiple politically themed tokens across Solana this year.
The biggest jaw-dropper? Arkham Intelligence revealed that one of the wallets connected to the $MELANIA pre-buy is also linked to a wallet once used by Barron Trump. That’s Donald Trump’s son. Whether he was personally involved or not, the connection has only thrown more fuel on the speculative fire.
Memecoins Go Political as Traders Chase Gold Rush
The Melania token isn’t the first — and probably won’t be the last — in a new era of politically flavored crypto gambling. From $MAGA to $BODEN to now $MELANIA, traders are treating the 2024 election cycle like a liquidity event. These coins live and die by meme momentum, and it seems some are steering that wave before anyone else even sees it coming.
What Happens Next?
Now that $MELANIA has cooled off, the memecoin’s price has settled into a lower range, and newer buyers are left holding the bag. But the early entries? They made generational wealth in under 24 hours.
When profits hit nine figures and wallet links trace back to Trump’s inner circle, it stops looking like a meme and starts smelling like a mission — or maybe a masterstroke in timing.
While some traders hit the jackpot on meme tokens, it’s worth remembering that the rest of the crypto market doesn’t run on luck alone. Major players like Bitcoin and Ethereum move on fundamentals, momentum, and macro shifts — not just memes and hype.
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