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A group of anonymous traders scored a $100 million payday by buying Melania Trump’s memecoin just before it launched publicly
fortune.com/2025/05/07/melania-trump-memecoin-anonymous-traders-100-million-payday
A group of traders bought millions of dollars worth of First Lady Melania Trump’s memecoin before it was publicly announced, netting a $99.6 million pay day by selling as the coin hit its peak price. Most of the $MELANIA coins were exchanged for a stablecoin, USDC, whose price is tied to…
This story appeared on fortune.com, 2025-05-07 14:36:27.