$MELANIA Team Dumps 10M Tokens in Massive $4.65M Cash-Out


The team behind the $MELANIA token has offloaded 9.99 million tokens worth approximately $4.65 million over 10 days.


On-chain analyst Ember CN revealed the team used "unilateral liquidity and DCA methods" to execute the systematic sell-off.


Since March 16, the project has moved 41.675 million $MELANIA tokens from community and liquidity addresses, converting them to 170,000 $SOL valued at $23.063 million.


The token has declined 5.3% in 24 hours and 32.1% over both seven-day and 30-day periods, now trading 97.1% below its January all-time high of $13.05.


Originally associated with the First Lady during the political #memecoin craze, the continuous selling pressure raises questions about the project's long-term viability.

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May 05, 2025 at 12:44 AM
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