• 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

Bitcoin's Volatility Indicators Signal Potential Market Shift

chest

Bitcoin's volatility metrics indicate potential for sharp price changes due to historical compression.

user avatarMaya Lundqvist

Mutuum Finance Introduces V1 Protocol on Sepolia Testnet.

chest

Mutuum Finance has launched its V1 protocol, allowing users to test lending and borrowing features on the Sepolia testnet.

user avatarKaterina Papadopoulou

Dagestan Faces Ongoing Challenges with Illegal Cryptocurrency Mining

chest

Dagestan faces ongoing challenges with illegal cryptocurrency mining despite a complete ban enforced by Russian authorities since January 1, 2025.

user avatarTomas Novak

Authorities Shut Down Illegal Crypto Mining Operation in Dagestan

chest

Law enforcement authorities in Dagestan have dismantled an illegal cryptocurrency mining operation in the village of Maidanskoye, seizing 68 mining devices and causing significant financial damage.

user avatarLeo van der Veen

Geopolitical Tensions Escalate, Impacting Global Markets

chest

Geopolitical tensions are escalating in early 2026, affecting global markets as investors shift to safer assets like gold due to rising risks.

user avatarLi Weicheng

Cathie Wood Predicts End of Bitcoin Selling Pressure

chest

Cathie Wood, CEO of Ark Invest, believes that the selling pressure on Bitcoin has significantly decreased and an uptrend is expected to resume.

user avatarAisha Farooq

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.