đš $MELANIA Token Controversy: 7 Months of Silence on $40M Suspicious Sales đš
It's been over 7 months since the launch of Melania Trump's memecoin ($MELANIA), and the team remains silent on two critical issues:
1ïžâŁ **$30M in tokens** were moved from team wallets and sold without explanation .
2ïžâŁ $10M tokens were withdrawn from the community pool and sold off .
đ The token has crashed ~96% from its January high of $13.73, now trading at ~$0.38â0.51 . Worse, 92% of the supply is controlled by team wallets, leaving retail investors vulnerable .
đ Blockchain analytics firm Bubblemaps exposed these moves, noting that Hayden Davis (a key figure behind $MELANIA) used similar "single-sided liquidity" tactics in the $LIBRA scandal . Despite allegations, no official explanation has been provided .
đĄ This highlights the risks of celebrity-linked memecoins with opaque tokenomics. Always demand transparency and verify team holdings before investing.
#CryptoScam #Memecoin #MelaniaToken #RugPull
It's been over 7 months since the launch of Melania Trump's memecoin ($MELANIA), and the team remains silent on two critical issues:
1ïžâŁ **$30M in tokens** were moved from team wallets and sold without explanation .
2ïžâŁ $10M tokens were withdrawn from the community pool and sold off .
đ The token has crashed ~96% from its January high of $13.73, now trading at ~$0.38â0.51 . Worse, 92% of the supply is controlled by team wallets, leaving retail investors vulnerable .
đ Blockchain analytics firm Bubblemaps exposed these moves, noting that Hayden Davis (a key figure behind $MELANIA) used similar "single-sided liquidity" tactics in the $LIBRA scandal . Despite allegations, no official explanation has been provided .
đĄ This highlights the risks of celebrity-linked memecoins with opaque tokenomics. Always demand transparency and verify team holdings before investing.
#CryptoScam #Memecoin #MelaniaToken #RugPull