Donald Trump's memecoin, $TRUMP, skyrocketed to fame after its launch, turning over 500 traders into millionaires in less than 24 hours. The memecoin's market capitalization reached nearly $5.5 billion within hours of its launch, with some traders earning returns of over 2,600%. One trader invested $1.09 million to buy 5,971,750 TRUMP coins, which surged to $30.8 million in under two hours, earning a profit of $29.8 million.
Other notable memecoin millionaires include ¹:
- *Anonymous Trader*: Turned $3,000 into $9 million in three days with Numogram (GNON) tokens
- *Unknown Trader*: Made $11 million by investing in Dogwifhat (WIF), a trending memecoin
- *The Blacklist Saga*: Turned $26 into $61.5 million with $PEPE tokens, although they couldn't cash out due to developer restrictions
- *SlumDOGE Millionaire*: Earned $2.9 million with Dogecoin (DOGE) during its 2021 bull run
These stories highlight the potential for massive gains in the memecoin market, but also come with significant risks due to volatility and market unpredictability. Trump's memecoin success has sparked controversy, with some critics accusing him of benefiting from the coin's launch ². $SOL $BNB $BTC #PowellVsTrump #TrumpCrypto #MemecoinSentiment #AltcoinSeasonLoading