What the @#$% just happened?
Over the weekends, the in coming president of the United stated Trump and his wife Melania just released their MEME tokens on the Solana block chain.
Looking at the chart on Dex screener, TRUMP tokens went live at around USD$0.2 and quickly got pumped to a high of USD$75 just over the weekend. About 300 times!
For MELANIA, it went live at USD$0.05 and similarly got pumped up to a high of USD$13. About a 250 times increased as well.
For those familiar with the Crypto world, such a huge pump usually follows with a dump. As of 20 Jan 2025 morning, the time of writing this post, TRUMP is at USD$44 and MELANIA is at USD$8.7. Still a very good multi bagger if you had managed to buy the tokens just as they go live.
If you had bought $100 worth of TRUMP and $100 worth of MELANIA when they go live, you...