A trader known as Naseem has reportedly earned over $116 million from trading a Trump-themed memecoin, according to various crypto analytics sources. Initially investing $1 million, Naseem's profits stemmed from strategic trading during the coin's launch. The analytics platform Bubblemaps tracked Naseem's activities, which involved using automated trading bots to capitalize on early buying opportunities. The trading strategy was highlighted as a result of on-chain detective work, identifying a key interaction between a Solana decentralized exchange and the Trump token contract prior to its official announcement. This has raised questions about whether Naseem's success was due to skill or insider information, although he denies any wrongdoing. The memecoin's launch has sparked discussions about its impact on the broader cryptocurrency market and comparisons to past trading behaviors under different political administrations.