Donald Trump in crypto
#mađ MAGA (TRUMP), the meme token inspired by former US President Donald Trump, has surged to a new all-time high, resulting in significant gains for patient investors. One such investor realized a profit of $15 million, marking a 28x increase in investment.
Spot on Chain's data reveals that this investor acquired 1.079 million TRUMP tokens, valued at $541,000 USDC, following Donald Trump's announcement of a potential presidential run last November. Despite the substantial profit, the investor chose to retain their holdings.
đ„ "This trader's strategic investment in MAGA (TRUMP) has yielded remarkable returns (x28)! Purchasing 1.079 million TRUMP tokens for $541k USDT shortly after Trump's re-run announcement, the investor's current holdings are valued at $15.7 million, with an estimated profit of $15.3 million."
With TRUMP experiencing a 65.2% increase over the past week and a 19.5% surge in the last 24 hours, the token is presently trading at $14.7. Notably, Donald Trump also holds TRUMP tokens in his wallet, with the recent rise contributing to an increase in the wallet's value, now exceeding $11 million, according to Arkham data.
đŹ "#MAGA $TRUMP investor reaps substantial gains (x28)!
âą Initial investment: $541K USDT for 1.079M $TRUMP post-Trump's re-run announcement in Nov.
âą Holding firm amidst significant market fluctuations (max potential profit if sold: $11M).
âą Current holdings: $15.7M worth.
