Insiders Made Millions on the Crash of Trumps’ Memecoins

Analysts at the CryptoRank platform recorded a massive collapse in the value of official tokens from Donald Trump's family. The TRUMP coin crashed by 92% from its all-time high, while the MELANIA coin from Melania Trump lost 99% of its price. Retail holders found themselves in a critical situation as project creators locked in windfall profits.

Total losses for ordinary market participants exceed $4.3 B, leaving nearly two million cryptocurrency wallets at risk of having their portfolios completely wiped out. Statistics reveal a devastating ratio: for every dollar insiders earned, regular investors lost $20.

Developers managed to cash out over $600 M through fees combined with direct coin sales. Profit distribution appears highly uneven, with just 45 major addresses withdrawing $1.2 B from liquidity pools.

The massive sell-off risks continuing since insiders still hold locked tokens worth $2.7 B in their wallets. Smart contracts will retain these funds until 2028, maintaining colossal downward pressure on market prices.

Read also:

• Meme Tokens MELANIA and LIBRA at the Center of a Major U.S. Lawsuit
• Argentine Court Freezes $120 Million in LIBRA Meme Coin Case Linked to President Milei
• End of PolitiFi? Whales Massively Dump TRUMP and MELANIA Tokens

This post is for informational purposes only and does not constitute advertising or investment advice. Please do your own research before making any decisions.