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A trader made an astonishing profit by investing in the MAGA token, turning $16,400 into a whopping $3.07 million in just 11 days, according to Onchain data. The MAGA token, inspired by Donald Trump's slogan, "Make America Great Again," saw a meteoric rise, benefiting from Trump's increasing popularity in the crypto world. This trader, known as Whalefud.eth, seized the opportunity early, purchasing 5.34 billion MAGA for 3 ETH within an hour of the token's release. Adding to their position, they acquired another 56.8 million MAGA tokens for 2 more ETH when the price experienced a slight dip on May 21st. While this trader's success story is remarkable, it's essential to remember that most investors in meme coins often end up losing money. Trump-themed cryptocurrencies gained traction after the former U.S. president hinted at a positive stance towards Bitcoin and the broader crypto market if he were to be re-elected.