Warning: The Development Team is Continuously Liquidating This Altcoin

In the past 8 days, the development team behind the memecoin MELANIA – a project associated with the name of former First Lady of America Melania Trump – has sold 9.99 million tokens, raising approximately 4.65 million USD. As of March 16, the total number of MELANIA tokens sold is equivalent to 170,000 SOL, worth 23 million USD.

This coin is deployed on the Solana network, while the TRUMP token of former President Donald Trump operates on Ethereum. Price Plummets, MELANIA Loses 97% Value Unlike the TRUMP token, which still retains some position in the market, MELANIA is plummeting without brakes, having lost 97% of its value compared to its peak in January. Meanwhile, the TRUMP token, although it has also dropped significantly, is currently trading at a level 83% lower than its all-time high, but still belongs to the large altcoin group with a market capitalization of up to 2.54 billion USD. In contrast, MELANIA has only reached a market capitalization of about 200 million USD.

The “Trump Family” Token Only Has High Speculative Value Although associated with the names of famous political figures, both MELANIA and TRUMP tokens are assessed by analysts as having no practical value. These are purely speculative cryptocurrencies that are not supported by any underlying applications or clear functions. Investors are advised to be cautious of the risks when approaching assets such as this memecoin.