A crypto whale on the Solana network has purchased $26 million worth of Official Trump (TRUMP) tokens, making a profit of $8.2 million. However, the same whale also bought MELANIA memecoin, resulting in a loss of $10 million. The purchases were made through decentralized exchanges using funds from the CryptoCom exchange. Memecoins like TRUMP are high-risk assets and often lead to losses. In another development, REX has applied for a spot ETF for the TRUMP token, although it seems unlikely that an official ETF will be launched for it.



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