A smart trader made a profit of about 972 SOL in 5 hours by trading Trump-themed tokens
By:Cointime
As monitored by Lookonchain, with the news of Trump's conviction, many MEMEcoins with Trump as the theme have been created. A clever trader earned about 972 SOL (167,000 USD) in 5 hours through trading the Trump-themed tokens FREE TRUMP (FREE) and NEVER SURRENDER (TRUMP). The trader spent 85 SOL (14,600 USD) to buy FREE, then sold it for 814 SOL (140,000 USD), earning 729 SOL (125,000 USD). They also spent 72 SOL (12,300 USD) to buy TRUMP, then sold it for 315 SOL (54,000 USD), earning 243 SOL (42,000 USD).
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