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Insiders Pocket $100 Million in MELANIA Token Frenzy Ahead of Trump Post

Insiders Pocket $100 Million in MELANIA Token Frenzy Ahead of Trump Post

Global Cryptocurrency
Release Time:
2025-05-06 15:13:01
0

Trading activity surrounding the MELANIA token surged minutes before Melania Trump promoted it on her Truth Social account. Twenty-four addresses acquired 16.77 million tokens worth $2.6 million in a two-and-a-half-minute window preceding the post, triggering a price rally.

Eighty-one percent of the tokens were sold within 12 hours of the announcement, with one address turning a $681,000 investment into $39 million in profits. The rapid sell-off highlights the speculative nature of meme coins and the advantage held by well-timed insiders.

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