In the span of mere hours, a pseudonymous cryptocurrency trader known only as Naseem extracted over $100 million from the chaotic launch of the TRUMP memecoin—a feat that would be impressive if it weren’t so brazenly executed through what appears to be a sophisticated network of coordinated wallets and front-running tactics.
The mechanics reveal themselves through blockchain forensics: Naseem’s primary wallet “6QSc2” deployed $1.09 million into TRUMP tokens approximately two hours before the public announcement, paying an extraordinary $84,000 in priority fees to guarantee transaction precedence. This wasn’t luck—it was precision engineering applied to meme token speculation, with profits subsequently dispersed across nine subordinate wallets in what resembles a choreographed laundering operation.
TRUMP’s meteoric rise to a $14.5 billion market capitalization created the perfect extraction environment. Naseem’s network, alongside other coordinated traders who collectively harvested $133 million, capitalized on retail euphoria while the token’s inevitable gravitational collapse remained predictably inevitable. The trader’s reputation as a “sniper” proved well-earned, having previously demonstrated similar prowess with tokens like LIBRA. Enhanced AI integration in trading platforms has enabled such sophisticated strategies to emerge with unprecedented precision and execution speed.
But Naseem wasn’t finished. Fresh capital from TRUMP profits immediately pivoted toward YZY token—Kanye West’s cryptocurrency venture that achieved a staggering $3 billion market cap within forty minutes of launch. The same wallet network that orchestrated TRUMP’s exploitation executed rapid-fire trades, flipping $250,000 positions into million-dollar profits within minutes as YZY’s price discovery mechanism succumbed to speculative hysteria. The YZY token subsequently experienced a significant drop of over 60% within a day as market volatility intensified.
The interconnected web grows more intricate upon examination. Wallet “93Wb,” strongly linked to Naseem through the “naseem.sol” vanity asset, shows transaction patterns connecting TRUMP profits directly to YZY speculation. Funds filtered through Binance and Kamino exchanges, creating additional obfuscation layers that suggest operational sophistication far beyond typical retail trading.
Naseem maintains these profits resulted from monitoring liquidity pool activities rather than insider knowledge—a defense that strains credibility given the surgical precision of entry timing. Whether this constitutes sharp trading or crosses into illegal territory remains debatable, but the broader implications are clear: sophisticated actors wielding advanced techniques can extract enormous value from meme token launches while retail participants bear the inevitable downside risk.
