Today, the hot topic on the cryptocurrency market is Donald Trump’s inauguration. In addition, the memecoins released by Trump and his wife, as well as the rise they have experienced, are also widely discussed.
At this point, while the launch of memecoins named TRUMP and MELANIA attracts attention, an investor earned $47.5 million from his MELANIA investment.
According to Lookonchain’s post, an investor created 2 wallets to buy MELANIA and earned $47.5 million! The 7Aud…KnVR wallet spent 2,100 SOL (worth $560k) to buy 1.52 million MELANIA. The investor then sold all of his MELANIA tokens for 46,453 SOL ($11.5 million), making a profit of 44,353 SOL ($11 million).
The 4zo6…zHF2 wallet spent 800K USDC to buy 3.84 million MELANIA. It then sold 1.92 million MELANIA for 16.45 million USDC. It retained 1.92 million MELANIA (worth $20.85 million), resulting in a total profit of $36.5 million.
MELANIA continues to trade at $10.7 at the time of writing.
Someone created 2 wallets to buy $MELANIA and made $47.5M! 7Aud…KnVR spent 2,100 $SOL ($560K) to buy 1.52M $MELANIA and sold all for 46,453 $SOL ($11.5M), with a profit of 44,353 $SOL ($11M). 4zo6…zHF2 spent 800K $USDC to buy 3.84M $MELANIA and sold 1.92M $MELANIA for 16.45M… pic.twitter.com/IguZiLyOWg — Lookonchain (@lookonchain) January 20, 2025
*This is not investment advice.
