TRUMP Meme Coin Team Wallets Receive $4.2M in Meteora Tokens

Meteora’s latest airdrop on Solana sent millions in MET tokens to wallets tied to Trump and Melania Trump meme coin projects, with a portion moved to OKX exchange.

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Summary

Meteora conducted a token airdrop distributing approximately $1.2M worth of MET tokens to two wallets linked to the Melania Trump meme coin and $4.2M MET to three wallets associated with the Trump meme coin. Following receipt, the Trump meme coin wallets deposited the tokens into OKX exchange. The distribution was part of Meteora’s Solana-based airdrop event targeting various participants in the crypto ecosystem.

Terms & Concepts
  • Meteora: A decentralized finance protocol on the Solana blockchain, offering liquidity provision and yield opportunities through events like token airdrops.
  • Airdrop: The distribution of cryptocurrency tokens to wallet addresses, often used to reward early adopters or promote new projects.
  • Solana: A high-performance blockchain supporting decentralized applications and transactions with low fees and fast processing times.