Solana Trader Naseem Scores $109 Million by Sniping the TRUMP Meme Coin

He grabbed the token in the blink of an eye right after trading started, using bots designed to catch new cryptocurrencies at their launch prices. These very bots can then sell the asset once certain conditions—like a specific price jump or a burst in trading volume—are met. The Bubblemaps team eventually traced some of the funds to his public wallet, uncovering Nasim’s involvement.

Sometimes, these trading bots are set to automatically buy a specific token, just as Naseem did with TRUMP. But how did he know that this trendy meme coin was about to take off? He claims that his team accidentally discovered that the Meteora platform had flashed the interaction address for the TRUMP/USDC liquidity pool a day before sales kicked off—a tip that many users dismissed.

My take: snipers are not the real problem. The problem is when snipers have inside info. Who is gonna bet millions on a token without being SURE that's gonna be endorsed by the president of Argentina or US?

declared a user known as Dethective.

While many commentators are convinced by the insider trading angle, those who know Nasim personally call it complete balderdash, praising him as one of the most accomplished snipers in the crypto world. Analysts are still on the fence about these allegations, yet there’s solid evidence that beyond TRUMP, Nasim has also cashed in on tokens like HAWK, ENRON, SHROOM, and the notorious LIBRA, which Argentina’s president rushed to endorse.