Melania Trump at a roundtable discussion on the Take It Down Act.
Share this @internewscast.com

MELANIA Trump has reportedly helped a group of cryptocurrency traders scoop a $100 million fortune.

An investigation has revealed that the first lady’s savvy supporters struck gold by buying her meme coin minutes before it went public.

Melania Trump at a roundtable discussion on the Take It Down Act.
Melania Trump launched her meme coin before Donald Trump’s inaugurationCredit: Getty
Phone screens displaying tweets promoting meme coins $TRUMP and $MELANIA, with a blurred Bitcoin logo in the background.
Donald and Melania Trump cashed in on his return to the White House — with his family launching crypto tokensCredit: Getty

Donald and Melania Trump both launched meme coins just before he took the presidential office for a second term earlier this year.

The coins are a sort of digital collectible with no real value.

They are a highly speculative form of cryptocurrency that are mostly minted as jokes.

The president’s meme coin features a cartoon image of Trump raising his fist after surviving the attempted assassination in July 2024.

It was marketed with pictures of him raising his fist and his quote from after his assassination attempt of “FIGHT FIGHT FIGHT.”

His wife released her own crypto token, $MELANIA., which initially traded with a value of $2 billion, on the eve of his inauguration.

Donald’s daughter Ivanka Trump also released her crypto coin.

The release of the cryptocurrency meme coins drew attention at the time, especially from presidential ethics specialists, reported The Guardian in January.

Now, another British newspaper, the Financial Times, has reported that its investigation revealed traders purchased approximately $2.6 million worth of tokens just moments before the public announcement.

It noted, “A small group of traders gained a $99.6 million windfall by acquiring Melania Trump’s cryptocurrency token in the moments prior to its public release.”

Trump will NOT run for third term after insisting he was ‘not joking’

The U.S. Sun has contacted the White House for comment on the paper’s findings.

Melania unveiled her crypto coin via a Truth Social post hours before her husband’s presidential inauguration.

The New York Post explained today, “The profits were swiftly realized, with approximately 81% of the purchased coins sold within just 12 hours after Melania Trump’s announcement.

“This rapid turnover strategy is common among cryptocurrency speculators, known colloquially as ‘snipers,’ who exploit early knowledge to generate massive returns.”

Expert Tips: Crypto Scam Red Flags

Scam expert Toby Braun, the managing partner for American Special Investigative Group and Heroya Cryptocurrency Investigations, has spoken exclusively to The U.S. Sun about the warning signs of crypto scams.

Braun has advised investors to beware of a “Crypto trading platform, service or fund offering unusually high returns,” he said, as these “are more than likely a scam.”

But those who decide to go ahead with crypto investments should ensure that “professional due diligence” is carried out regarding the individual or platform.

He also recommended that potential investors “refrain from responding to personal solicitations involving cryptocurrency from an unknown source.”

This can be via any social media platform, emails, text messages, or WhatsApp.

Another useful tip is to “be aware of anything that simply sounds too good to be true. It generally never is,” he added.

The BBC News reported in January that disclaimers on the websites of both the $Trump and $Melania coins said they were “not intended to be, or the subject of” an investment opportunity or a security.

It added that her meme coin came from her own incorporated company MKT World LLC, which is a firm she has used since 2021 for various ventures including selling portraits of her as first lady.

The Associated Press reported in February that Donald Trump has embraced his unofficial role as the “crypto president ” in ways that can “both help the crypto industry and enrich himself and his family.”

The news agency added in April, “The president and first lady launched meme coins a sort of digital collectible with no real value just before taking office earlier this year.

“The move was panned by critics as an unseemly cash grab that undermines an effort to legitimize digital assets.”

Finance professor Carol Alexander, of Sussex University, told The UK Sun in January: “There’s more to it than pure monetary gain for Trump.

“It’s a way of showing the world that he’s above the law.”

Melania Trump at the White House Easter Egg Roll.
US first lady Melania Trump launched a multibillion-dollar cryptocurrency meme coinCredit: Getty
Share this @internewscast.com
You May Also Like
California man's stage 4 lung cancer treatment denied coverage

California man’s insurance refuses to cover treatment for his advanced lung cancer

Lung cancer ranks as the leading cause of cancer-related fatalities and the…
US Marine Corps creates attack drone team as arms race with Russia, China heats up

US Marine Corps forms attack drone unit amid intensifying arms race with Russia and China

The U.S. Marine Corps set up an attack drone team earlier this…

Deported Tren de Aragua Gang Members Cause Uproar in El Salvador’s Notorious Mega-Prison as US Officials Visit

THIS is the terrifying moment deported gang members scream in anguish from…
Jacksonville gun registry sparks state probe

State investigation launched into Jacksonville firearm registry

First Coast News obtained documents related to a policy directive that updated…
Boys, ages 7 and 9, seen in armed standoff receiving assistance from deputies

Deputies Assist Boys, Ages 7 and 9, Involved in Armed Standoff

A sheriff’s office in New Mexico is standing by its choice not…
Body of Austin Tice, American journalist kidnapped over a decade ago, found: report

Remains of Austin Tice, American Journalist Missing for Over 10 Years, Discovered: Report

The body of American journalist and Marine veteran Austin Tice, who was…
California 'Teacher of the Year' sentenced to 30 years for sexual abuse of students

California Teacher of the Year Handed 30-Year Prison Sentence for Abusing Students

A former California “Teacher of the Year” was sentenced on Friday to…
Los Angeles tour bus crash leaves 1 dead, 32 hospitalized on Mother's Day

Mother’s Day Tragedy: Los Angeles Tour Bus Accident Results in 1 Fatality and 32 Injuries

Mother’s Day took a fatal turn for a driver in Los Angeles…
Barack Obama 'lucky' to have wife Michelle after squashing divorce rumors

Barack Obama Grateful for His Marriage to Michelle Amidst Divorce Speculations

Barack Obama gushed over his wife, Michelle Obama, in a sweet Mother’s…
2 construction workers dead after being found unconscious in NYC stairwell: police

Tragedy Strikes NYC Construction Site: Two Workers Found Unconscious in Stairwell, Later Pronounced Dead

Two construction workers were discovered unconscious in a stairwell in Little Italy…
Trump vows to increase trade with India, Pakistan after praising ceasefire agreement: 'A job well done!'

Trump Commits to Boosting Trade with India and Pakistan After Lauding Ceasefire Agreement: ‘A Job Well Done!’

U.S. President Donald Trump announced on Saturday his intention to boost trade…
Khloé Kardashian debuts new look, gets compared to mom Kris Jenner

Khloé Kardashian Unveils Fresh Style, Drawing Comparisons to Mom Kris Jenner

Khloé Kardashian appears to be morphing into her mom, Kris Jenner. The…