• 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

10 months 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

New Financial Instruments Emerge for Green Energy Investments

chest

As the world transitions to green energy, there is a growing need for sophisticated financial instruments to manage the inherent volatility and risks associated with renewable energy investments.

user avatarSon Min-ho

Global Investment in Green Energy Surpasses Fossil Fuels

chest

The global economy is witnessing a monumental shift towards green energy, with investments in clean energy projected to reach $22 trillion, significantly outpacing the $11 trillion allocated to fossil fuels.

user avatarZainab Kamara

Digitap Launches as a New OmniBank with High Growth Potential

chest

Digitap, an innovative omnibank, has launched its presale, allowing users to make instant payments, deposits, withdrawals, and transfers through a zero-KYC framework.

user avatarAyman Ben Youssef

Charles Hoskinson Predicts Bitcoin Will Reach $250,000 by End of 2026

chest

Cardano founder Charles Hoskinson predicts Bitcoin will recover and reach $250,000 by the end of 2026.

user avatarTando Nkube

The Emergence of Cloud Mining in 2025.

chest

As 2025 progresses, the hunt for stable, predictable crypto income is increasing by the day. Cloud mining is back in the spotlight as it eliminates the complexity of buying hardware, paying for electricity, or maintaining mining rigs.

user avatarNguyen Van Long

Bitsmine Emerges as Top Cloud Mining Platform

chest

Bitsmine has quickly become one of the most talked-about cloud mining platforms in 2025 due to its easy entry, daily mining rewards, and multiple earning opportunities tailored for beginners and investors looking for passive income.

user avatarKofi Adjeman

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.