By cryptoadmin MELANIA, the memecoin launched by US First Woman Melania Trump, spouse of US President Donald Trump, and which has been the topic of fraud discussions, is the topic of some fascinating transactions, in keeping with onchain knowledge.
Onchain knowledge has revealed that the event workforce behind the memecoin MELANIA has been promoting off a considerable amount of the token, including and eradicating liquidity for it. The info revealed that the workforce has offered 13 MELANIAs price $8.02 million prior to now month. The tokens had been exchanged for SOL, the native coin of Solana, the community on which MELANIA operates.
MELANIA, which reached a market worth of over $2 billion when it was first launched, has a market worth of $223 million on the time of writing. The token, which has not achieved the partial success of Donald Trump's official memecoin TRUMP, has not been listed on main centralized cryptocurrency exchanges akin to Coinbase or Binance.
MELANIA is buying and selling round 96% decrease than its all-time excessive value of round $13, and it has solely been available on the market for about 4 months.
*This isn’t funding recommendation.