🚨🚨Inside Job? How Insiders Made $100M on Melania Trump’s Memecoin While 764,000 Got Burned

Financial Times just dropped a bombshell: $99.6 million in profits were raked in by 58 wallets trading the Melania Trump-endorsed memecoin (MELANIA) — all before her official announcement.

Here’s how it went down:

On a January day, Melania Trump posted about a new token called $MELANIA, sparking massive hype across the crypto space. But what FT’s investigation uncovered paints a much darker picture.

24 wallets bought in $2.6 million worth of MELANIA tokens just 2.5 minutes before the post went live. That alone led to an insane $99.6 million in profits, most of which was cashed out within 12 hours. These weren’t average traders. They moved with surgical precision — front-running the market and retail hopefuls alike.

One address spent $681K just 60 seconds before the tweet. By the next day, it had turned that into $39 million. The wallet, according to blockchain analytics firm Bubblemaps, is linked to none other than Hayden Davis — a name already associated with shady meme projects like LIBRA, which controversially used the image of Argentina’s President Javier Milei.

And while 764,000 wallets lost money, the organizers behind MELANIA walked away with at least $64.7 million siphoned through liquidity pool fees and initial sales.

Worse? The token has since collapsed over 90%, and never recovered.

Davis has denied wrongdoing, claiming the MELANIA team “didn’t take a single dollar in profit.” But on-chain data tells a different story. The price action, timing, and fund movements all scream of coordinated insider trading.

This isn’t just another rug. This is a blueprint for modern memecoin manipulation — blending celebrity branding, coordinated hype, and lightning-fast wallet operations.

And what makes it worse? It worked.

So now the #AMAGE community must ask: in a memecoin market driven by greed and celebrity — how do we separate real innovation from orchestrated fraud?