Trump token whale, which profited 15 times from the increase, made millions of dollars in sales

While the weekend attack on US presidential candidate Donald Trump made him even stronger in the presidential race, there was a huge increase in meme coins issued on the Trump name. A whale, who made a huge profit on the Trump tokens he bought last year, realised his 15-fold profit and earned millions of dollars.

Trump token whale, which profited 15 times from the increase, made millions of dollars in sales

As the assassination attempt on Donald Trump in the US became the No. 1 topic on the world agenda, cryptocurrency markets were also positively affected by Trump’s emergence from the attack even stronger. As Trump’s election win rates in presidential polls increased, meme coins issued on his behalf also rose sharply.

MAGA (TRUMP), also known for being one of the first coins issued on behalf of Trump, gained significant value in the face of the developments. In the meme token, which pushed the $10 threshold, a whale did not neglect to take profit.

According to the information provided by Lookonchain, a whale made a huge profit from 10.8 million MAGA (TRUMP) tokens collected in a period of approximately 1.5 weeks from late November to early December last year. While the whale spent more than $540,000 for tokens, he realised his profit of about 15 times tonight. This person sent all tokens to the BTSE exchange and realised a profit of $8.3 million. Tokens bought at $0.5 were sold at a price of over $7.

Trump, who is learnt to continue his presidential speeches and will attend next week’s Bitcoin Conference, also has many other meme coins issued in his name. Trump has about $10 million worth of cryptocurrencies.

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