Saturday, June 28, 2025
Catatonic Times
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
No Result
View All Result
Catatonic Times
No Result
View All Result

Trader Books 6,208% Profit in Just Four Days on MELANIA Memecoin: Lookonchain

by Catatonic Times
January 25, 2025
in Altcoin
Reading Time: 2 mins read
0 0
A A
0
Home Altcoin
Share on FacebookShare on Twitter


Blockchain monitoring agency Lookonchain says one crypto dealer is taking a look at multi-million greenback income after buying and selling the official memecoin of Melania Trump, spouse of US President Donald Trump.

In line with Lookonchain, the dealer scooped up 5.2 million Melania (MELANIA) at simply $0.13 per coin proper after the digital asset’s launch on Sunday – the day earlier than Trump’s presidential inauguration.

4 days later, the dealer had bought off each MELANIA token for a achieve of 6,208% on the preliminary funding of $688,000, racking in a $42.7 million revenue.

“This man has bought all MELANIA, making a complete revenue of $42.7 million (62x)! He spent 2,500 SOL ($688,000) to purchase 5.2 million MELANIA at $0.13, and bought all of them at a mean value of $8.34 for $43.4 million, making a revenue of $42.7 million, a 62x return!”

Lookonchain additionally seen one other dealer noticed large good points after being an early investor in MELANIA.

“This man made an unimaginable $66 million+ on MELANIA in only for hours! [On Sunday], this man spent 2,500 SOL ($688,000) to purchase 5.02M MELANIA, then bought 203,000 MELANIA for two.14 million USDC, leaving 5 million MELANIA, value $64.9 million!”

First Woman Melania Trump launched her personal memecoin a day after then President-elect Trump had launched his.

MELANIA is buying and selling for $2.76 at time of writing, down 19.5% within the final 24 hours. The Solana (SOL)-based memecoin has a market cap of $413.8 million, making it the 227th largest crypto undertaking.

In the meantime, Official Trump (TRUMP) is buying and selling for $33.19 at time of writing, down 13.6% on the day. With a market cap of $6.6 billion, the SOL-based memecoin is the thirtieth largest crypto undertaking.

Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox

Examine Value Motion

Observe us on X, Fb and Telegram

Surf The Day by day Hodl Combine

&nbsp

Disclaimer: Opinions expressed at The Day by day Hodl will not be funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any losses chances are you’ll incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please notice that The Day by day Hodl participates in internet online affiliate marketing.

Generated Picture: Midjourney



Source link

Tags: BooksDaysLookonchainMelaniaMemecoinProfitTrader
Previous Post

Here Are Two Factors That Must Align for Altcoin Season To Kick Off, According to Glassnode Co-Founders

Next Post

Who Bought The Bitcoin Dip?. Bitcoin’s performance before Trump’s… | by Observers.com | The Capital | Jan, 2025

Related Posts

‘Bitmama’ Jailed for M Bitcoin Scam That Lasted 60 Days
Altcoin

‘Bitmama’ Jailed for $23M Bitcoin Scam That Lasted 60 Days

June 27, 2025
Google’s Doppl Turns Clothing Photos Into Virtual Try-Ons
Altcoin

Google’s Doppl Turns Clothing Photos Into Virtual Try-Ons

June 28, 2025
Financial Giant JPMorgan To Launch USD-Backed Deposit Token on Base As Coinbase’s Layer-2 Scaler Rolls Out Support for Cardano and Litecoin
Altcoin

Financial Giant JPMorgan To Launch USD-Backed Deposit Token on Base As Coinbase’s Layer-2 Scaler Rolls Out Support for Cardano and Litecoin

June 27, 2025
Genius Group to Turn Lawsuit Wins into Bitcoin and Cash
Altcoin

Genius Group to Turn Lawsuit Wins into Bitcoin and Cash

June 27, 2025
XRP’s Price Dips As Judge Shoots Down Joint Bid From Ripple and the SEC To Reduce the Company’s Previously Ordered Fine
Altcoin

XRP’s Price Dips As Judge Shoots Down Joint Bid From Ripple and the SEC To Reduce the Company’s Previously Ordered Fine

June 27, 2025
The Smarter Web Company Pulls in M in Fresh Funds
Altcoin

The Smarter Web Company Pulls in $56M in Fresh Funds

June 27, 2025
Next Post
Who Bought The Bitcoin Dip?. Bitcoin’s performance before Trump’s… | by Observers.com | The Capital | Jan, 2025

Who Bought The Bitcoin Dip?. Bitcoin’s performance before Trump’s… | by Observers.com | The Capital | Jan, 2025

Shiba Inu bulls face reality: Why smart money is increasingly betting on this alt=

Shiba Inu bulls face reality: Why smart money is increasingly betting on this $0.04 crypto for huge gains instead

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Catatonic Times

Stay ahead in the cryptocurrency world with Catatonic Times. Get real-time updates, expert analyses, and in-depth blockchain news tailored for investors, enthusiasts, and innovators.

Categories

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

Latest Updates

  • Bitcoin 4-Hour Chart Flashes Bullish Momentum — Breakout Brewing?
  • Bitcoin Forms 4-Year Inverse H&S Pattern – Neckline Break Could Send It Parabolic
  • Goldman Sachs Internship Acceptance Harder Than Harvard
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.