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The FT report shows prior knowledge of the launch of the Melania Trump memecoin
A group of wallets is said to have made about $100 million from trading Melania Trump's memecoin just before the coin launched on January 19.
A cryptocurrency trading group is said to have purchased millions of dollars in Melania Trump memecoin just minutes before she announced the launch on social media.
According to a Financial Times report on May 6, cryptocurrency traders earned around $100 million from buying $2.6 million worth of MELANIA tokens before the public launch on January 19. Immediately after Trump announced the memecoin launch on social media, the price surged from around $2.00 to $12.95 — a 550% increase. Traders reportedly sold all their holdings within 12 hours.
"In total, 24 accounts purchased 16.7 million out of a total of 200 million $MELANIA tokens scheduled for sale during the launch period," the Financial Times reported. "[...] the pre-launch sale continued. About $900,000 worth of tokens were purchased by 22 other accounts within 42 seconds after the launch."
The memecoin began trading about two days after President-elect Donald Trump announced the launch of his own TRUMP coin. Both tokens are being closely monitored by lawmakers, who allege conflicts of interest and corruption due to the potential for bribery and foreign influence.
Memecoin dinner prompts impeachment calls
Much of the scrutiny and criticism from U.S. lawmakers regarding the memecoin seems to be aimed at the president rather than the first lady. #melina
A group of wallets is said to have made about $100 million from trading Melania Trump's memecoin just before the coin launched on January 19.
A cryptocurrency trading group is said to have purchased millions of dollars in Melania Trump memecoin just minutes before she announced the launch on social media.
According to a Financial Times report on May 6, cryptocurrency traders earned around $100 million from buying $2.6 million worth of MELANIA tokens before the public launch on January 19. Immediately after Trump announced the memecoin launch on social media, the price surged from around $2.00 to $12.95 — a 550% increase. Traders reportedly sold all their holdings within 12 hours.
"In total, 24 accounts purchased 16.7 million out of a total of 200 million $MELANIA tokens scheduled for sale during the launch period," the Financial Times reported. "[...] the pre-launch sale continued. About $900,000 worth of tokens were purchased by 22 other accounts within 42 seconds after the launch."
The memecoin began trading about two days after President-elect Donald Trump announced the launch of his own TRUMP coin. Both tokens are being closely monitored by lawmakers, who allege conflicts of interest and corruption due to the potential for bribery and foreign influence.
Memecoin dinner prompts impeachment calls
Much of the scrutiny and criticism from U.S. lawmakers regarding the memecoin seems to be aimed at the president rather than the first lady. #melina
if we watch deeply it's looking like Gambling coin which dump from the day of launch. still going on , If it turn back then it's we gain trust. #melina but if anyone want risk then invest 10% of asset at current price.
How Binance will Pay the Price if not List Pi coin?
Pi is big reality which maximum People didn't accept. it's very difficult to accept new things. Human nature is designed as they take time to adopt new things. same scenario I am observing with Pi coin. Pi currency accept more then 50million people in 6 years a huge time frame . 6 Years time is not short to build a good project with many options. Pi is a game changer I think in future many exchanges will pay the price if they deny these pi coin. Because Pi is real . pi strength in Crypto market is strong. If Deep seek shake the NAVIDA 600BILLION $ LOSS can you imagine how new things change the game. That's why Binance will take right decision in Listing of pi coin because in future it's possible binance depends on pi coin. Mnay news fluctuate in the market China- USA trade war is a big problem in future . China start the trade war because weapon war is over now . if any county want to lead then trade is 1 st priority of that country. China is leading now days that why Chinese Professor launch Pi coin they will start trading thoroug pi coin in future . BRICS is reality they need a common currency for trade. Pi is adapted maximum countries. So this is an option to implement if this hype will remain . Binance now a days Focusing on Pi coin. My prediction is that Binance list Pi coin till 14 march . Pi is not bad coin . If we watch some projects of binance like Melina. Shit coin Malina in binance history after Luna . #PiCoreTeam #melina #Launchpool
The concept of a "Trump meme coin" combines the prominent figure of Donald Trump with the decentralized cryptocurrency trend, often characterized by humor and internet culture. Meme coins are typically cryptocurrencies that gain popularity through social media, memes, and often have little to no intrinsic value beyond community engagement and speculation.
Here's a brief exploration of such a concept:
### What is a Trump Meme Coin?
1. **Name and Branding**: The coin could be creatively branded to appeal to Trump supporters and meme enthusiasts, possibly with a name like "TrumpCoin," "Make America Coin Again (MACA)," or "PatriotToken."
2. **Community-Driven**: Much like other meme coins (e.g., Dogecoin or Shiba Inu), a Trump meme coin would rely heavily on community engagement. Meme contests, promotional events, and influencer endorsements might be common strategies to boost popularity.
3. **Charitable Causes**: The coin could tie into charitable initiatives, with a portion of transactions or proceeds going to causes that resonate with Trump's base, such as veterans' support or small business funding.
4. **Market Volatility**: As with most meme coins, the value would likely fluctuate significantly based on social media trends, celebrity endorsements, and broader market sentiment rather than fundamental utility or technology.
5. **Criticism and Controversy**: The coin could attract both support and criticism. Some may see it as a fun way to engage in cryptocurrency while supporting a political figure, while others may view it as exploiting political themes for profit.
### Potential Impact
1. **Cultural Significance**: A Trump meme coin could serve as a barometer for the political climate and engagement of Trump supporters in the cryptocurrency space.
2. **Market Trends**: This coin could also influence how political figures are intertwined with digital currencies, potentially paving the way for future political-themed cryptocurrencies.
#Trump #melina #sol #bitcoin
Here's a brief exploration of such a concept:
### What is a Trump Meme Coin?
1. **Name and Branding**: The coin could be creatively branded to appeal to Trump supporters and meme enthusiasts, possibly with a name like "TrumpCoin," "Make America Coin Again (MACA)," or "PatriotToken."
2. **Community-Driven**: Much like other meme coins (e.g., Dogecoin or Shiba Inu), a Trump meme coin would rely heavily on community engagement. Meme contests, promotional events, and influencer endorsements might be common strategies to boost popularity.
3. **Charitable Causes**: The coin could tie into charitable initiatives, with a portion of transactions or proceeds going to causes that resonate with Trump's base, such as veterans' support or small business funding.
4. **Market Volatility**: As with most meme coins, the value would likely fluctuate significantly based on social media trends, celebrity endorsements, and broader market sentiment rather than fundamental utility or technology.
5. **Criticism and Controversy**: The coin could attract both support and criticism. Some may see it as a fun way to engage in cryptocurrency while supporting a political figure, while others may view it as exploiting political themes for profit.
### Potential Impact
1. **Cultural Significance**: A Trump meme coin could serve as a barometer for the political climate and engagement of Trump supporters in the cryptocurrency space.
2. **Market Trends**: This coin could also influence how political figures are intertwined with digital currencies, potentially paving the way for future political-themed cryptocurrencies.
#Trump #melina #sol #bitcoin
MELINA – THE NEXT BIG THING ON BINANCE! 🚨
What is Melina?
Melina is the latest gem to hit Binance, designed to revolutionize how people interact with crypto. Whether you're a trader, investor, or enthusiast, Melina offers something for everyone.
Why Melina?
1️⃣ Ease of Use: Melina simplifies crypto trading for beginners and pros alike.
2️⃣ Lucrative Opportunities: With its innovative features, you can grow your portfolio and aim for massive gains.
3️⃣ Secure & Reliable: Backed by Binance’s trusted ecosystem, Melina ensures your funds and data are secure.
How Does Melina Benefit YOU?
Earn Passive Income: Utilize Melina’s staking and saving features to earn while you hold.
Lower Fees: Melina offers competitive fees, letting you keep more of your earnings.
Early Adoption Advantage: Be among the first to explore Melina and seize the chance to multiply your investment potential.
Don’t Miss Out!
Melina is more than just a token – it’s a gateway to financial growth and innovation. Dive in today and discover the future of crypto on Binance.
Melina is the latest gem to hit Binance, designed to revolutionize how people interact with crypto. Whether you're a trader, investor, or enthusiast, Melina offers something for everyone.
Why Melina?
1️⃣ Ease of Use: Melina simplifies crypto trading for beginners and pros alike.
2️⃣ Lucrative Opportunities: With its innovative features, you can grow your portfolio and aim for massive gains.
3️⃣ Secure & Reliable: Backed by Binance’s trusted ecosystem, Melina ensures your funds and data are secure.
How Does Melina Benefit YOU?
Earn Passive Income: Utilize Melina’s staking and saving features to earn while you hold.
Lower Fees: Melina offers competitive fees, letting you keep more of your earnings.
Early Adoption Advantage: Be among the first to explore Melina and seize the chance to multiply your investment potential.
Don’t Miss Out!
Melina is more than just a token – it’s a gateway to financial growth and innovation. Dive in today and discover the future of crypto on Binance.
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