Insiders Made $100M Before Launch Of Melania’s Coin

May 6, 2025 Trump Corruption, Trump Lies

Raw Story reports:

Investors made nearly $100 million by buying Melania Trump’s cryptocurrency token minutes before she announced the coins were for sale.

The first lady publicized the $MELANIA coin in a Truth Social post on Jan. 19, hours before her husband was inaugurated for a second term as president, and two dozen digital wallets bought $2.6 million of the tokens in the two and a half minutes before her post went live, reported the Financial Times.

Prices for the tokens took off after Melania Trump announced the cryptocurrency, and the wallets in which they’d been deposited quickly sold off most of their coins, with 81 percent of those transactions taking place within 12 hours.

Read the full article. The original report is behind a paywall.

Traders made $100mn from buying Melania Trump memecoin before launch https://t.co/9FffCfd7WE

— FT Data (@ftdata) May 6, 2025