• 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

Spangle's Innovative AI Platform Revolutionizes Retail Personalization

chest

Spangle's AI platform transforms traditional ecommerce by creating dynamic, personalized shopping experiences using its proprietary ProductGPT technology.

user avatarNguyen Van Long

Spangle AI Ecommerce Startup Achieves $100M Valuation

chest

Spangle, an AI-powered ecommerce startup founded by former Bolt CEO Maju Kuruvilla, has tripled its valuation to $100 million after securing $15 million in Series A funding.

user avatarKofi Adjeman

PayPal Shares Decline Following CES Product Announcement

chest

PayPal's stock fell as investors reacted negatively to the company's new advertising platform unveiled at CES 2026.

user avatarSatoshi Nakamura

Ethereum Hits Record High in Transactions Per Second

chest

Ethereum has achieved a new all-time high in transactions per second (TPS), primarily driven by the adoption of Layer 2 rollups following the Fusaka upgrade.

user avatarJesper Sørensen

Valour's Pi Swedish Krona ETP Struggles in Market

chest

The Valour Pi SEK ETP has been on the market for five months but faces limited trading activity and muted price performance.

user avatarRajesh Kumar

GTreasury and Solvexia Integration Marks New Era in Corporate Finance Automation

chest

The integration of GTreasury and Solvexia introduces a new phase in corporate finance automation, enhancing compliance and reducing risks.

user avatarLucas Weissmann

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.