nsiders Made Nearly $100 Million Buying MELANIA Before Its Launch

By: bitcoin ethereum news|2025/05/07 20:15:02

The US first lady introduced the token on social media hours before her husband Donald Trump’s inauguration. Two and a half minutes before Melania Trump’s post was published on the Truth Social platform, two dozen wallets bought MELANIA for $2.6 million. Amid the sharp rise in price, traders quickly sold the coins, with 81% of their assets realized within the first 12 hours. One wallet spent $681,000 on the meme coin 64 seconds before the project’s existence was announced. This account made $39 million in 24 hours, shedding most of its assets. Sales over the next three days brought it another $4.4 million. The first wallet to buy tokens ahead of the launch purchased $40,000 worth of MELANIA 141 seconds before the post went live. The account then sold 86% of the coins within two hours, earning $2.5 million The FT confirmed the findings of Bubblemaps experts that the wallet was funded from an account used previously in Hayden Davis’ projects. The entrepreneur claimed to have been involved in the launch of MELANIA. He was also listed as the CEO of Kelsier, the company behind the LIBRA meme coin. In February, the coin was promoted by Argentine President Javier Milay, which eventually led to a political scandal. According to MELANIA’s official website, the meme token is being sold by MKT World LLC. The Delaware-registered firm has been used by the first lady for various businesses since 2021. Davis in an interview with youtuber Stephen Findeisen (Coffeezilla) said: “The MELANIA team didn’t make any money. We didn’t withdraw any liquidity. Zero.” In April, Bubblemaps discovered that the meme coin’s developers had withdrawn from the community fund and sold $30 million worth of tokens. Two days before the inauguration, TRUMP’s own official coin was presented by Donald Trump. Behind the asset is a team that has nothing to do with MELANIA. The first sale of TRUMP took place 42 seconds after the politician published a post on Truth Social about the token’s launch. The FT estimates that the organizations behind the coin made at least $350 million. Trump assured in an interview with NBC News that he does not profit from the meme-coin. As of this writing, MELANIA traded nearly 98% below the all-time high of $13.05 recorded shortly after its official launch. TRUMP quotes have shown a similar trajectory. The coin is valued 85% lower than ATH at $73.43. Source: https://coinpaper.com/8969/suspected-insiders-made-nearly-100-million-buying-melania-before-its-launch

OpenClaw is a rapidly growing open-source AI agent that can autonomously execute tasks and interact with software, including connecting to crypto exchanges through APIs to analyze markets and automate trading strategies. While this creates new opportunities for smarter trading, it also introduces security and operational risks. Through this article, WEEX aims to help users better understand the potential and risks of AI trading agents so they can explore new technologies while trading more safely and responsibly.

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WEEX P2P update: Country/region restrictions for ad posting

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

II. Applicable scenarios

The following are some common scenarios:

III. How to get started

On the ad posting page, find "Trading requirements":

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.