TL;DR
- The group behind the second meme coin linked to the First Household has additionally been disposing of a big portion of the token previously a number of months.
- In keeping with on-chain knowledge shared by Lookonchain, they’ve already bought greater than 8% of the whole MELANIA provide.
The #Melania meme group bought 82.18M $MELANIA(8.22% of complete provide) over the previous 4 months throughout 44 wallets, cashing out 244,934 $SOL($35.76M).
Many of the $MELANIA tokens have been bought by including and eradicating liquidity.https://t.co/EJYWtbB5aE pic.twitter.com/gtmRdkNq1y
— Lookonchain (@lookonchain) June 25, 2025
The put up signifies that the group has cashed out over $35 million in MELANIA over the previous 4 months from 44 wallets associated to them.
Inside this timeframe, the meme coin associated to the FLOTUS skilled a large value dump. It peaked at $8.5 hours after its launch however shortly began to lose worth.
Up to now 24 hours, the asset has plunged to $0.2, which represents a 98.4% value dump inside simply a number of months.
Thus, the MELANIA group has adopted the instance set by these working the TRUMP token. CryptoPotato reported quite a few instances previously that wallets linked to the POTUS meme coin had disposed of huge parts of the token.
The newest instance was fairly controversial because it got here simply hours earlier than the US launched a missile assault in opposition to Iran, after which the complete crypto market turned pink, together with the TRUMP meme coin.
Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome provide on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE place on any coin!