More Than Luck: How the$ 100 Million Trump Meme Coin Whale Got the Inside Scoop

The identity of the suspectly well-versed trader who jumped on President Donald Trump’s meme coin launch last month and turned$ 1 million worth of Solana ( SOL ) into over$ 116 million has been revealed, and new details have emerged as to how they managed to gain entry to the token so incredibly quickly. Hint: it wasn’t chance.

The investor in query has been identified as Naseem, a well-known, anonymous crypto trader and thief with a reputation for key sniping, according to analysis from the on-chain research firm Bubblemaps.

In discovering Naseem’s personality, however, on-chain sleuths discovered an even more curious information: More than two hours before Trump officially announced his image coin, Naseem attempted to buy up a large stash of the president’s token at the right contract address.

How could that be feasible? For warning signs can be seen at the launch of any meme coins, let alone those involving a U.S. president, because they reveal that a task was prone to insider trading. This would allow them to purchase coins in the project’s initial stages of development and watch their value rise as the public began to invest.

If Naseem got a heads-up about Trump’s multi-billion-dollar key build, some time before it went life, where did that knowledge come from?

The trader, when questioned about the matter by Bubblemaps, claimed that he had received no advance notification from any of Trump’s team, but instead had personally discovered on-chain evidence that suggested the president was using one of Solana’s largest decentralized exchanges to launch a token. &nbsp,

That justification might truly assess out. A Bubblemaps scientist claimed that a Meteora, a Solana decentralized exchange that was responsible for the launch of the Republican token, did work with a pool to swap Republican for USDC the day before Trump made the announcement publicly. &nbsp,

By doing this, the Meteora team implicitly gave an official Republican sign that any strange crypto user could have created a stamp of legitimacy, whether or not they had intended to do so. &nbsp,

That important bit of information, however, was —at the time—an very useful needle hidden in a meadow of over 100 million apparently ordinary trades filtering through the Solana system. Before the Republican token’s open launch, Bubblemaps informed that it has not yet discovered any proof of any other traders who noticed and profited from that information to uncover it. &nbsp,

The deal failed when Naseem attempted to buy Republican tokens hours before the senator first made its announcement via Truth Social because the admins had yet to turn the TRUMP/USDC pool on. &nbsp,

If the liquidity pool had already been engaged, would various insiders have purchased TRUMP in droves before the general public learned about the coin? Were those investors the ones who rushed in within a second of the government’s news to seize a large number of cryptocurrencies before most people realized it wasn’t all a hoax? Some treasures still appear.