On April 23, 2025, the cryptocurrency community is actively discussing the success of an anonymous trader known as a "whale," who made over $480,000 on the meme coin TRUMP, launched on the Solana blockchain. According to the analytical platform Lookonchain, the trader purchased tokens worth $1.1 million just 90 seconds after Donald Trump announced on X on January 18. Thanks to the rapid price increase of the token to $75 at its peak, the whale sold part of the assets, securing significant profits.
The meme coin TRUMP, despite the initial hype and a market capitalization of $15 billion, lost popularity, dropping to $15.48. This caused losses for 813,000 investors amounting to $2 billion, although early buyers like this whale made significant profits. Chainalysis notes that 60 large traders made over $10 million each on TRUMP, while 77% of small investors were left with minimal gains or losses.
This case highlights the speculative nature of meme coins, where success depends on the speed of reaction and market hype. Experts advise investors to be cautious due to the high volatility of such assets.
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