Tiny Red HandsBack

A group of anonymous traders scored a $100 million payday by buying Melania Trump's memecoin just before it launched publicly

This authoritative-secondary source from Fortune supports 1 claim across 1 ledger entry.

All sources · Open original source

Claims supported by this source

  1. estimateestimate

    Fortune reported Financial Times blockchain analysis finding that 24 wallets bought $2.6 million of $MELANIA in the two and a half minutes before Melania Trump's January 19 announcement, cashed out $99.6 million as the price rose, and sold 81% of those holdings within twelve hours. Fortune reported a $13.73 January 20 peak and an approximately $0.32 May 7 price, a 98% decline.

    Financial Times blockchain analysis: 24 pre-announcement wallets, $2.6 million purchases, $99.6 million cash-out total, 81% sold within twelve hours, and January-to-May prices

    Pre-announcement $MELANIA wallets cashed out $99.6 million · 24 wallets tracked; $99.6 million cashed out; price 98% below peak by May 7 · reviewed 2026-09-03