A trader missed out on tens of millions in potential profit after selling Official Trump (TRUMP) at a significant discount on Saturday, failing to act when the meme coin was at its peak. Sold Too Soon The investor initially purchased TRUMP, the official cryptocurrency associated with President Donald Trump, for around $1.03, according to Lookonchain, and later sold all 637,000 TRUMP coins for $12.24 million, securing a profit of $11.4 million. However, had the trader sold at the peak price of $75.35, their profit could have exceeded $45 million, meaning they missed out on over $33 million in gains. This missed opportunity underscores the volatility and unpredictability of meme coins, particularly those tied to popular figures. TRUMP Plummets Launched just before Donald Trump was officially inaugurated as the 47th President of the United States , TRUMP briefly reached a fully diluted market valuation of about $75 billion, though it has since plummeted by more than 76%. While the meme coin offers some utility, such as being used to buy Trump-branded merchandise, its price movements have largely been driven by broader market trends. The same could be said about MELANIA, a meme coin launched by First Lady Melania Trump.
