MAGA (TRUMP), the popular meme token named after US presidential candidate Donald Trump, is on the rise again today.
While the price reached the new ATH with the increase it experienced, a patient investor made 28 times profit and earned 15 million dollars.
According to Spot on Chain's data, this investor bought 1.079 million TRUMP by spending 541 thousand USDC after Donald Trump announced that he would run for the US Presidency again last November.
Since then, investors holding TRUMP's profits have exceeded $15 million.
It was noteworthy that this investor still did not sell even though he made a large amount of profit.
“This trader bet on MAGA (TRUMP) and actually wins big (x28)!
This investor spent 541k USDT to buy 1.079 million TRUMP, a week after Donald Trump announced he would run for president again last November.
After the TRUMP price broke the ATH again today, the investor currently has 15.7 million worth of TRUMP. Its estimated profit is $15.3 million.”
65.2% in the last week; TRUMP, which has increased by 19.5% in the last 24 hours, continues to be traded at 14.7 dollars at the time of writing.
A meme token named TRUMP is also found in Donald Trump's wallet. This rise in TRUMP also increased the money in Donald Trump's wallet.
According to Arkham data, Trump's wallet exceeded $11 million.
This trader betted on #MAGA $TRUMP and is actually winning big (x28)!
• spent 541K $USDT to buy 1.079M $TRUMP, a week after Donald Trump announced his re-run last Nov.
• firmly held $TRUMP through the big pump in Apr (max profit if selling: $11M).
• now holds $15.7M worth… pic.twitter.com/HbJpQTc5KP
— Spot On Chain (@spotonchain) May 29, 2024
*This is not investment advice.
