• 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

Ethereum's Fusaka Upgrade Introduces Key Protocol Improvements

chest

The Fusaka upgrade introduces key protocol improvements for Ethereum, enhancing network efficiency and security through several Ethereum Improvement Proposals (EIPs).

user avatarSatoshi Nakamura

Fusaka Upgrade to Enhance Ethereum's Blob Capacity and Fee Market

chest

The Fusaka upgrade will implement several changes to blob capacity and fee structures to stabilize costs.

user avatarJesper Sørensen

Altcoin Season Index Indicates Bitcoin Dominance

chest

The Altcoin Season Index currently suggests a market still centered around Bitcoin despite speculation of an altcoin season.

user avatarLucas Weissmann

Bitcoin Price Manipulation Speculated by Analyst

chest

Matthew Hyland speculates that recent Bitcoin price volatility may be due to manipulation by traditional finance entities.

user avatarRajesh Kumar

Zama Purchases KKRT Labs to Improve Blockchain Scalability.

chest

Zama has acquired KKRT Labs to enhance its blockchain scalability and confidentiality capabilities.

user avatarFilippo Romano

Avalanche Set to Implement Granite Mainnet Upgrade

chest

Avalanche is preparing for its Granite Mainnet upgrade on November 19, 2025, which aims to enhance scalability and utility amidst recent price fluctuations.

user avatarEmily Carter

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.