Core Insights - A mysterious trader profited nearly $100 million in just two minutes before the announcement of "First Lady Coin" ($MELANIA) [1] - The coin was launched by Melania Trump, and 24 digital wallets purchased 16.7 million tokens worth $2.6 million shortly before the official announcement [1] - 81% of the tokens were sold within 12 hours after the announcement, resulting in a profit of $99.6 million [1] Group 1 - The initial purchase included $8.87 million in USDC and the remainder in SOL, a more volatile cryptocurrency [1] - "First Lady Coin" is classified as a speculative cryptocurrency without actual utility, exempting it from federal disclosure and insider trading regulations [1] - Early buyers, referred to as "snipers," can gain substantial profits if market interest surges, while retail investors face significant risks [1] Group 2 - One wallet spent $681,000 on the token just 64 seconds before the public announcement and made a profit of $39 million within 24 hours [2] - The entity behind the issuance of "First Lady Coin," MKT World LLC, has reportedly earned $64.7 million from fees and primary sales [2] - The official terms do not clarify whether MKT World is the issuer of the token or how profits are distributed among related parties [2]