When former President Donald Trump was convicted of 34 felonies, including falsifying business records to cover up scandals involving adult film star Stormy Daniels, some opportunistic crypto traders saw a chance to profit. As news of Trump's legal woes spread, a variety of Trump-themed meme coins emerged, and savvy investors quickly jumped on the bandwagon, reaping substantial profits.

One notable trader turned an $85 SOL ($14.6K) investment into 814 SOL, valued at $140,000, by buying the newly launched FREE TRUMP tokens. This quick move resulted in a $125,000 profit within just five hours. The same trader also used 72 SOL ($12.3K) to buy NEVER SURRENDER (TRUMP) tokens, later selling them for 315 SOL ($54K), netting an additional $42,000 profit. In total, the trader's $26.9K investment yielded $167,000 in profits in a matter of hours, thanks to impeccable timing and strategic trading.

The sudden influx of Trump-themed meme coins attracted numerous investors eager to capitalize on the market buzz. Solana's network, in particular, has become a popular platform for launching these meme coins, with new tokens appearing almost daily and providing substantial returns for investors.

Currently, FREE TRUMP (FREE) is trading at $0.04018, up 12% from the previous day. With a market cap of $4 million and a trading volume of $3.35 million, it has declined from its peak of $0.0755 but is showing signs of recovery. During the peak of the verdict news, the FREE token price surged by 633%, creating significant gains for investors.

Meanwhile, NEVER SURRENDER (TRUMP) has seen impressive growth, increasing by 121.78% to reach $0.00001703. It boasts a market cap of $6.4 million and a trading volume of $9.03 million, reflecting its growing popularity among crypto enthusiasts.

In conclusion, Trump's conviction led to a flurry of Trump-based meme coins, with astute traders capitalizing on the situation to make impressive gains. As Solana continues to be a favored network for meme coin launches, the trend of quick profits from timely investments shows no signs of slowing down.