Meme coins have been thrust into the spotlight once again as the controversial MELANIA token makes headlines once again. A Fortune report shows a group of traders that bought millions of dollars worth of MELANIA gained nearly $100 million in profits by selling the meme coin at its peak.
Dogecoin doge10.21%, Shiba Inu shib7.18%, and Pepe pepe14..94%, rallied alongside Bitcoin $BTC 0.33% as the largest cryptocurrency beat the $100,000 milestone and climbed past the resistance on Thursday. DOGE, SHIB and PEPE’s price dipped slightly, dow on the day.
