Crypto Trader Nets $42.7 Million Profit from Melania Memecoin
- A trader purchased 5.2 million MELANIA tokens at $0.13 each, spending $688,000.
- The trader sold all tokens for an average price of $8.34, securing a profit of $42.7 million.
- The transaction resulted in a 6,208% gain, or a 62x return on investment.
- Another early investor made over $66 million by selling part of their MELANIA holdings.
- MELANIA’s market cap is currently $413.8 million, ranking it as the 227th largest crypto project.
A crypto trader achieved a significant financial gain by investing in Melania Trump’s memecoin, earning a profit of $42.7 million after selling the tokens at a much higher price than initially purchased.
Source (2.6)https://dailyhodl.com/2025/01/24/trader-books-6208-profit-in-just-four-days-on-melania-memecoin-lookonchain/?rand=59076