Notice: The trading of this cryptocurrency is currently not supported on OKX. Continue trading with cryptocurrencies listed on OKX.
MELANIA
Melania Meme price
This data isn’t available yet
You’re a little early to the party. Check out other crypto for now.
Melania Meme Feed
The following content is sourced from .
✅$YZY incident where 103 billion won disappeared in just 6 minutes
I have summarized the details of the largest meme coin loss incident in August organized by @bubblemaps in Korean.
✔️$YZY incident - Massive losses vs 11 wallets
A staggering 51,800 wallets lost $74 million (about 103 billion won)
Meanwhile, only 11 wallets made profits in the billions of won
YZY plummeted nearly 70% right after its launch
✔️Who made money?
At the center of this incident is Hayden Davis (alias Kelsier)
- The day before the launch, wallets connected to him moved funds on CEX
- The very next day, $YZY token launched
- One minute after the launch was announced (1:54 AM UTC), buying began
- Instantly made $12 million (about 16.8 billion won) in profit
📌Suspicious circumstances
$57 million (about 80 billion won) was unlocked right after the $YZY launch
A total of 14 sniper wallets were prepared → The profits they made combined amounted to $12 million (16.8 billion won)
The more shocking thing is that this is not Hayden's first time.
Similar sniping has been confirmed in past token launches like MELANIA and LIBRA.
✔️Conclusion
Most investors → 103 billion won loss
A few insiders → 16.8 billion won profit
All happened in just 6 minutes
These days, new tokens are often launched directly on Pumpfun or Solana.
@bubblemaps is a representative crypto tool that traders use to understand tokenomics and check for insider trading. I have also quoted data analysis articles, so please refer to the quoted articles for more detailed information.
About Melania Meme (MELANIA)
Trade popular crypto with low fees and powerful APIs
Get startedTop market cap crypto
Crypto with the highest market cap in the last 24h.
Trending crypto
Hot crypto with the highest increase in traders in the last 24h.
Popular crypto
Discover popular crypto with the most traders in the last 24h.
New crypto
Discover new crypto to buy.
Top crypto gainers
Discover a selection of crypto with the largest price gain in the last 24h.
Top crypto losers
Discover a selection of crypto with the largest price loss in the last 24h.
Melania Meme FAQ
What is cryptocurrency?
Cryptocurrencies, such as MELANIA, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as MELANIA have been created as well.
Can I buy MELANIA on OKX?
No, currently MELANIA is unavailable on OKX. To stay updated on when MELANIA becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of MELANIA fluctuate?
The price of MELANIA fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
Monitor crypto prices on an exchange
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Keep up with Melania Meme's price in a tap
Sign up