MAGA ($TRUMP), the popular meme token named after US presidential candidate Donald Trump, is on the rise again today.
While the price reached the new $ATH with the increase it experienced, a patient investor made 28 times profit and earned 15 million dollars.
According to Spot on Chain's data, this investor bought 1.079 million $TRUMP by spending 541 thousand USDC after Donald Trump announced that he would run for the US Presidency again last November.
Since then, investors holding $TRUMP's profits have exceeded $15 million.
It was noteworthy that this investor still did not sell even though he made a large amount of profit.
“This trader bet on MAGA ($TRUMP) and actually wins big (x28)!
This investor spent 541k $USDT to buy 1.079 million $TRUMP, a week after Donald Trump announced he would run for president again last November.
After the $TRUMP price broke the $ATH again today, the investor currently has 15.7 million worth of $TRUMP. Its estimated profit is $15.3 million.”
65.2% in the last week; $TRUMP, which has increased by 19.5% in the last 24 hours, continues to be traded at 14.7 dollars at the time of writing.
A meme token named $TRUMP is also found in Donald Trump's wallet. This rise in $TRUMP also increased the money in Donald Trump's wallet.
According to Arkham data, Trump's wallet exceeded $11 million.

This trader betted on #MAGA $TRUMP and is actually winning big (x28)!
• spent 541K $USDT to buy 1.079M $TRUMP, a week after Donald Trump announced his re-run last Nov.
• firmly held $TRUMP through the big pump in Apr (max profit if selling: $11M).
• now holds $15.7M worth… pic.twitter.com/HbJpQTc5KP
— Spot On Chain (@spotonchain) May 29, 2024
*This is not investment advice.