- A group of traders bought millions of dollars worth of first lady Melania Trump’s memecoin before it was publicly announced, netting a $99.6 million pay day by selling as the coin hit its peak price. Most of the $MELANIA coins were exchanged for a stablecoin, USDC, whose price is tied to the U.S. dollar.
A handful of traders bought first lady Melania Trump’s memecoin before it went public, and in the process secured a $99.6 million windfall.
