Melania Token Team Quietly Dumps Millions While Prices Struggle

Blockchain data shows that the team sold $630,000 on April 26, followed by another $930,000 two days later, suggesting a deliberate strategy rather than a one-time exit.

According to crypto analytics platform Lookonchain, the pattern hints at a dollar-cost averaging (DCA) approach — a method typically used to minimize market impact by spreading out trades over time. Instead of dumping liquidity in one large move, the MELANIA team seems to be selling in smaller, controlled batches.

Despite the sell pressure, MELANIA has managed a modest rebound, gaining 21% over the past week. However, it still trades 96% below its peak price of $13.70, reached in January around President Donald Trump’s inauguration anniversary, according to CoinMarketCap.

READ MORE:

Here’s Why Bitcoin Is Set to Hit $180K Amid the Biggest Drop Since 2008

Meanwhile, attention has shifted to another politically themed token. A newly created whale wallet has opened a $1.33 million short position against the Official Trump (TRUMP) token, betting on its decline. If TRUMP’s price climbs above $21.50, the leveraged short would face liquidation.

Memecoins remain a dominant force in the crypto landscape, ranking as the second-largest sector by market activity during the first quarter of 2025.

The post Melania Token Team Quietly Dumps Millions While Prices Struggle appeared first on Coindoo.