Some traders just flipped internet chaos into a jaw-dropping payday

Early buyers of the Melania Trump-themed memecoin allegedly walked away with over $100 million after getting in on the token just before it launched publicly.

Three wallets bought over 420 million $MELANIA mere minutes before the memecoin launched on Solana DEXes. The timing was surgical. Just days later, the token exploded more than 5,000%, briefly pushing its market cap past $240 million.

And they didn’t just hold. Blockchain records suggest the wallets swiftly sold into the mania, locking in what on-chain sleuths estimate to be over $100 million in gains.

What Happened

Before the coin even hit the open market, on-chain data shows a flurry of activity.

According to Lookonchain, three wallets bought over 420 million $MELANIA mere minutes before the memecoin launched on Solana DEXes. The timing was surgical. Just days later, the token exploded more than 5,000%, briefly pushing its market cap past $240 million.

And they didn’t just hold. Blockchain records suggest the wallets swiftly sold into the mania, locking in what on-chain sleuths estimate to be over $100 million in gains.

What Happened Next

Now that $MELANIA has cooled off, the memecoin’s price has settled into a lower range, and newer buyers are left holding the bag. But the early entries? They made generational wealth in under 24 hours.

When profits hit nine figures and wallet links trace back to Trump’s inner circle, it stops looking like a meme and starts smelling like a mission — or maybe a masterstroke in timing.

While some traders hit the jackpot on meme tokens, it’s worth remembering that the rest of the crypto market doesn’t run on luck alone. Major players like Bitcoin and Ethereum move on fundamentals, momentum, and macro shifts — not just memes and hype.

If you’re tired of treating crypto like a lottery ticket, TipRanks offers real-time crypto prices and technical analysis to help you invest with your head, not just your hopes. Click the image below to explore market trends on TipRanks’ Cryptocurrency Center.