Deep Dive
1. Political Scandal Impact (Bearish)
Overview:
A House Judiciary Committee report released on 29 November 2025 accused the Trump administration of using MELANIA and other tokens to enrich the family, citing $65M in alleged profits from the token. Democratic lawmakers urged investigations into potential sanctions violations, spooking investors.
What this means:
MELANIA’s price is tightly linked to political sentiment around the Trump brand. The report reignited fears of regulatory crackdowns or token freezes, prompting retail traders to exit positions.
What to look out for:
Updates from the U.S. Treasury’s investigation into World Liberty Financial (WLFI), MELANIA’s parent entity.
2. Exchange Delisting Fallout (Bearish)
Overview:
Bitget delisted MELANIA/USDT on 7 November 2025, citing “ethical conduct” concerns. While withdrawals remain open, the move reduced liquidity (turnover ratio: 3.77%) and signaled dwindling institutional support.
What this means:
Lower liquidity amplifies volatility during sell-offs. The delisting also validated long-standing concerns about MELANIA’s ties to Hayden Davis, co-creator of the collapsed LIBRA token, who faces fraud lawsuits.
3. Technical Breakdown (Bearish)
Overview:
MELANIA broke below its 7-day SMA ($0.111) and 30-day SMA ($0.122), with the RSI7 at 18.04 (oversold but no reversal signals). The MACD histogram (-0.00115) confirms bearish momentum.
What this means:
Technical traders likely accelerated selling after the breakdown, targeting the next support near the 16 November low of $0.102. Weak volume (-9.87% vs. 24h average) suggests limited buying interest to counter the drop.
Conclusion
MELANIA’s decline reflects a toxic mix of political risk, reduced liquidity, and technical deterioration. While oversold conditions could trigger a bounce, the token remains vulnerable to headline-driven volatility. Key watch: Any official response from Melania Trump’s team regarding the corruption allegations.