In the two and a half minutes before her post went live on Truth Social, over 20 digital wallets purchased $2.6 million of the tokens.A small group of traders made $99.6 million by buying Melania Trump's token minutes before it went public , according to an analysis by the Financial Times
In the two and a half minutes before her post went live on the Truth Social website, over 20 digital wallets purchased $2.6 million of the tokens from the cryptocurrency market where they had been deposited.
Traders benefited when Melania Trump’s post sent the price of the tokens soaring. Wallets unloaded most of their coins quickly, with 81% of their sales occurring within 12 hours.