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A shrewd trader known as wallet "0x303" has made a whopping $2.7 million profit in just three days on the Donald Trump-themed MAGA (TRUMP) meme token. The trader spent over $535,000 to buy six billion MAGA tokens on May 25, and then sold 1.5 billion MAGA for 744K USDT, making a 505-fold return on his initial investment. The MAGA token has seen significant surges following pro-crypto comments by Donald Trump. However, this massive profit has sparked allegations of insider trading, with some suggesting the transactions may be a result of maximal extractable value (MEV) bot activity.

A shrewd trader known as wallet "0x303" has made a whopping $2.7 million profit in just three days on the Donald Trump-themed MAGA (TRUMP) meme token. The trader spent over $535,000 to buy six billion MAGA tokens on May 25, and then sold 1.5 billion MAGA for 744K USDT, making a 505-fold return on his initial investment. The MAGA token has seen significant surges following pro-crypto comments by Donald Trump. However, this massive profit has sparked allegations of insider trading, with some suggesting the transactions may be a result of maximal extractable value (MEV) bot activity.

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