MELANIA, the memecoin launched by US First Woman Melania Trump, better half of US President Donald Trump, and which has been the subject of fraud discussions, is the subject of some interesting transactions, in step with onchain data.
Onchain data has revealed that the event team in the help of the memecoin MELANIA has been selling off a gigantic amount of the token, including and removing liquidity for it. The info revealed that the team has offered 13 MELANIAs price $8.02 million prior to now month. The tokens were exchanged for SOL, the native coin of Solana, the community on which MELANIA operates.
MELANIA, which reached a market cost of over $2 billion when it became first launched, has a market cost of $223 million at the time of writing. The token, which has no longer done the partial success of Donald Trump’s decent memecoin TRUMP, has no longer been listed on predominant centralized cryptocurrency exchanges much like Coinbase or Binance.
MELANIA is shopping and selling round 96% decrease than its all-time high heed of round $13, and it has handiest been on the market for approximately four months.
*That is no longer funding advice.
