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Huge Jackpot in Trump Coin: Started with 1 Million Dollars, Made 110 Million! - Coin Bulletin
Bubblemaps, a blockchain analysis platform, claimed that anonymous crypto investor Naseem made over $109 million from TRUMP memecoin trading.
According to the research by Bubblemaps' popular YouTuber Coffeezilla and Stephen Findeisen, Naseem made a huge profit of 109 million dollars by buying TRUMP token immediately after it was launched. According to on-chain data, the trader who bought TRUMP worth 1.09 million dollars with a wallet address starting with 6QSc2 distributed these assets to at least nine different wallets.
Researchers noted that although they could not conclusively prove a direct connection, many clues pointed to Naseem. It was found that another wallet starting with 93Wb interacted with some addresses to which these funds were transferred and previously held the entity “naseem.sol”. However, it was reported that there is less certainty and on-chain evidence regarding other investors who may also be involved in the incident.
Bubblemaps offered Naseem the chance to respond to insider trading allegations(. Naseem confirmed that he paid a priority transaction fee of $84,000 to be able to make purchases of over 1 million dollars when the TRUMP token was launched. However, he claimed not to have direct information about the launch. He alleged that his own team noticed interaction with the TRUMP-USDC liquidity pool by an address named Meteora a day in advance and claimed that a leak occurred from there.
Bubblemaps mentioned that Naseem is not just a lucky investor and similarly has made big profits before. It was stated that Naseem also made significant gains in the past with the failed HAWK token of Haliey Welch and the controversial LIBRA token supported by Argentine President Javier Milei.