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Just watched a trader make 8 million on TRUMP after a recent event involving the candidate. The guy bought tokens back at the end of last year, and now his portfolio is worth like a small house.
It turns out that when that incident in Pennsylvania happened, the entire crypto sector just skyrocketed. Bitcoin jumped from $58K to $63K in just hours, and then even reached $67K . All those meme coins about Trump — MAGA, TRUMP, DONALD — started growing by double digits. People who got in on time just scored big.
Lookonchain dug up the data: one investor holds 936K TRUMP tokens, which is currently about $7.5 million. Another has already withdrawn their 1.08M tokens to the exchange — it looks like they’re preparing to sell and lock in an $8 million profit.
But here’s the important part — meme coins can do the opposite just as easily. They soared yesterday, and today they dropped 50% in a couple of hours. So if you decide to ride these waves, only invest what you can afford to lose. This isn’t investing, it’s market emotion speculation. The risks are real.