MELANIA Meme Coin Surges 10% Following Partnership with Wintermute
Official Melania Meme (MELANIA) increased by 10% to $0.35 following a partnership with Wintermute aimed at enhancing liquidity.
- 150 million MELANIA tokens transferred from the community wallet, valued at $50 million.
- 20 million tokens ($6.62 million) allocated to Wintermute.
- Trading volume surged by 104% to $38 million; market cap reached $300 million.
- A revamped website for MELANIA is forthcoming.
- Increased whale activity and social media engagement noted.
Trump Family Developments
- Truth Social filed for a spot Bitcoin ETF on June 3, pending approval for listing on NYSE.
- NYSE Arca submitted Form 19b-4 to SEC for the ETF, which will track Bitcoin prices.
- Rumors suggest a potential Bitcoin trading application launch by the Trump family.
- Arkham reports withdrawal of 4.167 million TRUMP tokens, approximately $47 million, from Squads Vault.
- Tokens subsequently transferred to exchanges including Binance, OKX, Bybit, and Coinbase.
- SEC Commissioner Hester Peirce stated no official protection for TRUMP coin holders.