It can be easily said that 2024 has been marked by meme coins so far. From Solana-based coins to political meme tokens, many cryptocurrencies have brought very serious gains to investors.

Political meme coins also boomed

The approach of the US presidential elections and especially Donald Trump’s messages to the crypto world caused dozens of tokens to be issued for Trump.

Trump, Maga, Doland Tremp, Super Trump, Maga Hat were the most well-known and even the most rising of these tokens.

From $ 96 to $ 3 million…

An investor bought a $96 TRUMP token on 12 August last year. This person, who spent only 0.052 ETH for the token, obtained 608 thousand tokens and made 32 thousand times profit after waiting for about 14 months.

The investor, who started profit sales for the first time tonight, sold only 1% of the tokens he held. The trader, who sold 6000 tokens, obtained 11.4 ETH worth $30 thousand.

This person still holds 594 thousand TRUMP tokens worth $3.06 million.

Does the trader want more?

Trader’s reason for not selling may be that Donald Trump is widening the gap against Kamala Harris in the US elections. Trump winning the election or being ahead could bring much more upside in Trump-focused tokens before and after 5 November. This person may also be waiting to make more profit.