A group of crypto traders would have bought millions of dollars in Memecoins from Melania Trump a few minutes before announcing the launch on social networks.
According to a Financial Times report on May 6, Crypto traders earned around $ 100 million by buying $ 2.6 million in Melania tokens before public launch on January 19. Shortly after Trump announced the launch of the same on social networks, the price went from around $ 2.00 to $ 12.95 – an increase of 550%. The merchants would have sold their assets within 12 hours.
“In total, the 24 accounts bought 16.7 million from the total melania tokens planned for the sale during the launch period,” the Financial Times reported. “”[…] The series of sales that started before the launch continued. About $ 900,000 of tokens purchased by 22 additional accounts within 42 seconds after the launch. »»
The samecoin began to negotiate about two days after the president elected, Donald Trump, announced the launch of his own Trump play. The two tokens were examined by legislators, alleging conflicts of interest and corruption due to the potential for corruption and foreign influence.
Same Dinner encourages the call for dismissal
A large part of the examination and criticism of the American legislators on the same seems to be directed to the president rather than the First Lady. After Trump announced that some of the Trump holders would have the possibility of having access to him during a private dinner and a visit, a senator called for his dismissal.
In relation: Dem legislators oppose hearing, citing the corruption of Trump’s cryptography‘
The prices of the melania and Trump tokens have dropped considerably recently after their launch in January, the same lady’s same lady falling to $ 0.31 at the time of publication. The price of the Trump token briefly increased after the announcement of the same dinner in April, but fell at $ 10.90 on May 6.
Two companies related to the president control around 80% of Trump’s supply, although many tokens have been locked and will be released over the next three years. Critics have suggested that the initiates of the project could still investor investors.
Review: Trump crypto companies raise conflicts of interest, initiate negotiation issues
