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Early Investors in Donald Trump’s Memecoin May Have Been Tipped Off, Experts Claim

Wired LogoWired5d ago

Early Investors in Donald Trump’s Memecoin May Have Been Tipped Off, Experts Claim - Wired

Quick Summary:

Within moments of Donald Trump announcing his new coin, traders made high-value bets that quickly paid off.Did they have an edge?

Among the wallets that have profited most handsomely from TRUMP, Nansen data shows, are many that dealt in comparatively small sums, which implies that some regular people managed to beat the crowd in the same way as the big early traders.

In the midst of the high-value trades placed by J9tXv and others in the minutes after TRUMP launched, armchair traders were throwing down as little as 50 bucks.

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Early Investors in Donald Trump’s Memecoin May Have Been Tipped Off, Experts Claim - Wired (Picture 1)Early Investors in Donald Trump’s Memecoin May Have Been Tipped Off, Experts Claim - Wired (Picture 2)Early Investors in Donald Trump’s Memecoin May Have Been Tipped Off, Experts Claim - Wired (Picture 3)Early Investors in Donald Trump’s Memecoin May Have Been Tipped Off, Experts Claim - Wired (Picture 4)Early Investors in Donald Trump’s Memecoin May Have Been Tipped Off, Experts Claim - Wired (Picture 5)

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Article Details

Author / Journalist: Joel Khalili

Category: BusinessTechnology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-31 @ 12:00:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: wired.com

Language: English

Article Length: 1643 words

Reading Time: 10 minutes read

Sentences: 67 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Wired

News ID: 25905682

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About Wired

Main Topics: BusinessTechnology

Official Website: wired.com

Year Established: 1993

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #109

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