PANews reported on January 18 that according to Lookonchain monitoring, a trader made more than $20 million in profits in just one hour through $TRUMP. About 90 seconds after Trump announced the launch of $TRUMP on Truth Social, a trader spent about 1.1 million USDC to buy 5.97 million TRUMP (currently $23 million).

So far, he has only sold 543,000 TRUMPs at a price of $404,000, and still holds 5.43 million TRUMPs ($21 million), with a total profit of more than $20 million.