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The attempted assassination of Trump allowed the whale to make $8 million on the TRUMP token

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17.07.2024

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The experts' report indicates that the cryptokit purchased 1.08 million TRUMP between November 22 and December 4, 2023 at a cost of $0.5. In total, he spent $540,000 on memcoin. So far, his profits have totaled over $8.85 million.

Who this successful user is, it was never determined. At first, experts assumed that the address of the wallet is related to a famous trader under the nickname GGR. But then it turned out that the wallet address belongs to an unknown market participant.

Note that tokens related to American politics rose a few days ago amid news that the former U.S. president survived an attempt on his life.

The Republican presidential candidate was shot in the ear during a campaign rally in Butner, Pennsylvania. As soon as this was reported, the so-called PolitiFi tokens saw an increase of more than 30%.

As DeFiLlama points out, PolitiFi tokens rose 36.7% last week and outperformed bitcoin in terms of value growth, indicating that the market is shifting toward riskier assets.