Crypto traders reportedly made a significant profit from anticipating the launch of Melania Trump’s memecoin. Minutes before the official announcement on social media, these traders bought millions of dollars worth of MELANIA tokens at roughly $2.00 per token before it surged to over $12.95 shortly after the First Lady announced the launch on January 19th. They sold their holdings within a mere 12 hours, reaping an estimated profit of $100 million. The Financial Times reported that 24 accounts collectively bought up roughly 16.7 million tokens, representing 8% of the total supply of $MELANIA, prior to the official launch. Following this initial surge, a further $900,000 was invested by an additional 22 accounts in the first few seconds after the official launch. This rapid buying and selling activity quickly led to substantial price gains for MELANIA tokens.