• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

TRUMP and MELANIA Prices Plummet: Investor Loses Millions

user avatar

by Giorgi Kostiuk

a year ago

Donald Trump's team launched two meme coins which quickly devalued. This led to significant losses for some investors and resulted in accusations of fraudulent schemes.

Introduction to the Meme Coin Situation

After the launch of the TRUMP and MELANIA meme coins, their prices plummeted. TRUMP lost 43.31%, and MELANIA 64% of their value within 24 hours of launch.

Investor Losses on TRUMP and MELANIA Tokens

Analysts discovered that one investor spent $9.5 million to purchase 187.36K TRUMP tokens at an average price of $58.03. Following the price drop, his losses reached $7.08 million. According to analyst [The Data Nerd], this investor still holds 1.82M $MELANIA and 193.7k TRUMP tokens.

This whale suffered a huge loss of $7.08M right now.

Pump-and-Dump Scheme Accusations

Critics accused Trump's team of orchestrating a pump-and-dump scheme with investor funds. This took place ahead of Inauguration Day, suggesting deliberate price inflation for quick sale.

The price drop of TRUMP and MELANIA raises many questions about the methods used by Trump's team, resulting in substantial financial losses for investors.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

FSI Enhances Oversight for Stablecoins and Cryptocurrency Exchanges

chest

The Financial Security Institute (FSI) has enhanced its oversight for stablecoins and cryptocurrency exchanges, implementing real-time monitoring and regular audits to ensure compliance and protect investors.

user avatarDiego Alvarez

South Korea Expands Digital Asset Security Team Amid Regulatory Push

chest

In March 2025, South Korea's Financial Security Institute (FSI) announced a significant expansion of its digital asset security team to enhance oversight and regulatory capabilities for cryptocurrencies and stablecoins.

user avatarElias Mukuru

Trust Wallet CEO Addresses Security Breach and Compensation Claims

chest

Trust Wallet CEO Eowyn addresses a security breach affecting 2,596 wallets, resulting in asset losses of approximately 7 million USD, and discusses ongoing compensation claims verification.

user avatarKenji Takahashi

Trump Administration's Tariff Policies Under Legal Scrutiny

chest

Kevin Hassett expresses confidence in the Supreme Court ruling on Trump's tariffs, warning of potential $100 billion compensation if ruled against.

user avatarGustavo Mendoza

Concerns Over Trump's Tariff Policies and Small Business Challenges

chest

Concerns over Trump's tariff policies and the challenges faced by small businesses, including difficulties in finding employees.

user avatarMaria Fernandez

Bank of America CEO Discusses Impact of Trump's Tariffs on Economic Growth

chest

Brian Moynihan, the CEO of Bank of America, discusses the impact of Trump's tariffs on economic growth and expresses optimism for trade de-escalation by 2026.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.