On January 19th, COINOTAG News reported significant trading activity involving TRUMP tokens, as per data from Ashes Monitor. An address successfully executed a transaction involving the sale of 310,000 TRUMP, converting them into 8.23 million USDC. This maneuver yielded an impressive profit margin of $6.69 million. The initial investment was made yesterday, utilizing 1.54 million USDC to acquire the TRUMP tokens at an average cost of $4.95 each. Just two hours prior to the report, the investor began liquidating their TRUMP holdings, ultimately reaching a sale price of $26.5 per token. This strategic transaction resulted in a staggering 434% profit within a mere 22 hours, showcasing the volatile yet lucrative potential of cryptocurrency trading.
Source: https://en.coinotag.com/breakingnews/trump-token-surge-investor-profits-6-69-million-in-just-22-hours-with-434-gain/