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Small Group of Traders Reportedly Made $99.6M From Pre-Launch Purchases of Melania Trump Memecoin

A Financial Times report has revealed that a small group of traders profited approximately $99.6 million by purchasing the Melania Trump memecoin, MELANIA, just minutes before its public announcement on January 19. In th...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Small Group of Traders Reportedly Made $99.6M From Pre-Launch Purchases of Melania Trump Memecoin
A Financial Times report has revealed that a small group of traders profited approximately $99.6 million by purchasing the Melania Trump memecoin, MELANIA, just minutes before its public announcement on January 19. In the two and a half minutes leading up to the launch, around two dozen digital wallets acquired $2.6 million worth of tokens, […]

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This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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