Crypto trader loses $2.8m in an hour chasing TRUMP dinner
Summary ⚈ MemeCore lost $2.8M after withdrawing 1.39 million TRUMP tokens from Binance in a bid to secure a dinner spot with Donald Trump. ⚈ TRUMP token price dropped over 5% in 24 hours and 22% over the week, despite surging interest since the April 23 dinner announcement. ⚈ Some traders have still profited, with one whale swapping Fartcoin for TRUMP and gaining $669,000 in under a day. A cryptocurrency trader has suffered a $2.8 million loss following a transaction involving Official Trump (TRUMP) within an hour as part of a gamble to earn a dinner spot with President Donald Trump. The transaction involved MemeCore , a cross-chain meme coin platform, which saw its investment plummet after withdrawing 1.39 million TRUMP tokens from Binance, according to the latest on-chain data retrieved by Finbold from Arkham Intel on May 6. MemeCore TRUMP transactions. Source: Arkham The withdrawal, valued at $17.8 million, was made to secure a seat at an exclusive gala d...