Once More, Trump Family Affiliates Score Big In Crypto: Squad Secures Millions Of Meteora MET Tokens

The Trump family enjoys being in the spotlight. Indeed, they govern the United States, are financial tycoons, and are also the minds behind one of the most discussed Decentralized finance projects of 2025: World Liberty Financial (WLF). And there’s more? They are public figures, and Donald Trump refuses to let China overshadow the world’s premier democracy.

Additionally, we should remember that the Trump family is directly associated with two highly successful meme coins, which are not on ETH, but on Solana, the meme coin protocol.

As of October 24, the official TRUMP meme crypto token was the second most valuable meme coin on Solana, boasting a trading market cap exceeding $1.1Bn. That’s right, it outvalued BONK, a “true” meme crypto token, and dogwifhat, another coin that faltered yet became one of the largest memes in 2024.

(Source: Coingecko)

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TRUMP and Controversies: Meteora MET Airdrop Preferences

With immense power comes “great” accountability, or so they say. However, it seems challenging to determine if the Trump family is genuinely concerned about accountability or merely focused on accumulating wealth.

Controversy often follows the president and his team. The minting of the meme crypto token alone sparked issues for conservatives who believed the president should avoid involvement with meme coins, crypto, or Decentralized finance.

Just yesterday, Arkham analysts revealed that the team responsible for launching the TRUMP meme coin through Meteora received a substantial $4.2M in MET tokens. They noted that three addresses or entities directly associated with the TRUMP tokens were recipients.

TOP5 RECIPIENT OF THE METEORA AIRDROP: TRUMP

Three addresses connected to the TRUMP team just received a $4.2 Million free token distribution of $MET.

The developer address and two addresses that provided significant market fluidity for TRUMP from the outset. All 3 addresses just deposited the… pic.twitter.com/8BSjxOB8Vf

— Arkham (@arkham) October 23, 2025

Meteora allocated tokens to a developer address and two addresses on the first day, supplying “extensive liquidity” for TRUMP.

Interestingly, once these addresses received their MET tokens, they transferred them directly to OKX, cashing out without delay.

When it seemed like an isolated incident, another analyst pointed out that available volume providers associated with the MELANIA meme crypto token also received a portion of MET digital currency.

While I’m not trying to spread FUD about the $MET launch, it’s curious to note that the $MELANIA LP wallets qualified for the $MET free token distribution @0xSoju?

The Melania token is tied to the same team behind $LIBRA.

Out of the four LP wallets, only one did not receive any $MET.

I also checked… https://t.co/y8OqJEc5KN pic.twitter.com/v7DH6aCPpK

— Specter (@SpecterAnalyst) October 23, 2025

As noted by 99Bitcoins reported, a lawsuit was initiated in New York against Meteora executives. Complainants allege that the DEX set up the MELANIA meme crypto token to fail.

Only one of the four LP wallets that provided liquidity to the MELANIA meme token did not receive any MET crypto asset.

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What Lies Ahead? Was The Meteora MET Free token distribution Just?

While one could argue that Meteora acted appropriately by incentivizing addresses that actively contributed available volume to its pool during the MET airdrop, the allocation amounts to certain recipients raise more questions than clarity.

According to Meteora’s tokenomics, over 15% or 150M MET were distributed to the community, specifically rewarding previous and current market fluidity providers, contributors, and active ecosystem participants.

The issue arises as, by the time MET tokens reached the holders, MET USDT prices were plummeting. Upon launch, the MET price fell by over 40%, dropping from $0.90 to less than $0.50 before experiencing a recovery.

(Source: Gecko Terminal)

A portion of this price drop was exacerbated by the TRUMP team’s liquidation. Once they obtained their allocation, they offloaded all MET tokens, contributing to the decline.

Nonetheless, not everyone is dissatisfied.

Some express gratitude to Meteora, asserting that the team considered the community.

Through the MET cryptocurrency free token distribution, they showed more consideration than Price surge.fun, which teased an free token distribution for months but never allocated any to active users.

Meteora conducting an free token distribution ahead of PumpFun

There’s a lesson there; at least Jupiter and Meteora acknowledged its users in some way, I appreciate that https://t.co/NIw9amHs05 pic.twitter.com/oJXePzC2FE

— rektober (@rektober) October 23, 2025

Others believe the MET airdrop will rejuvenate the “Solana trenches” since currently there seem to be no prominent meme coins available.

Is the Meteora airdrop set to bring life back to the Solana trenches?

“Once individuals sell their $MET airdrop, even if they planned to purchase meme coins on Solana, what options would they have? NEET, Tokabu, KLED, USDUC? Currently, only a few coins are worth bidding on SOL.”

if you’re… pic.twitter.com/BnHIWzIDeR

— AshRobin (@ashrobinqt) October 23, 2025

Meanwhile, another individual believes MET, despite its dump, is undervalued and is poised to surge in the coming years.

Honestly, claiming $MET airdrop has been one of the smoothest experiences; I added it back to the pool and will be raking in those sweet fees lol.

FDV around $600m seems pretty low for one of the most significant protocols on Solana; I plan to monitor the price action for a while and wait until… pic.twitter.com/Hx3drAQ54B

— Anglio (@CryptoAnglio) October 23, 2025

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The post Once Again, Trump Family Associates Win Big In Crypto: Team Receives Millions Of Meteora MET Tokens appeared first on 99Bitcoins.