A Presidential Pump?
The meme coin scene just got another headline-maker Melania Memecoin ($MELANIA). This token, reportedly linked to former First Lady Melania Trump, has seen massive action over the past few days, recording a rapid 21% price pump. But while retail traders were getting excited, the team behind $MELANIA was quietly offloading serious bags.
$1.5 Million Dump in 3 Days
According to on-chain data and TradingView reports on April 28, 2025, the MELANIA team sold approximately $1.5 million worth of tokens between April 25 and April 28. These sales were not a single transaction but rather a pattern of programmatic selling, suggesting it was planned rather than opportunistic.
This steady offloading into growing liquidity helped the token maintain an upward trajectory temporarily but it’s raised major red flags for cautious traders who now wonder if more selling pressure is ahead.
How Big Is $MELANIA Now?
Market Cap: ~Not clearly disclosed but trending upwards before the sell-off
24-Hour Trading Volume: Increased significantly due to media buzz and whale action
Price Surge: Over 21% in the last three days prior to latest sales
Exchange Listings: Currently available on several Solana DEXsData based on TradingView analysis as of April 28, 2025.
Why It Matters
While meme coins often thrive on hype and celebrity associations, the team selling during a pump is usually a bad sign for long-term holders. It implies that insiders are cashing out while retail momentum is peaking, a classic liquidity exit move.Still, with the Trump brand involved even indirectly the coin could experience more volatility (and possibly more pumps) around U.S. election news and media coverage.
Final Thoughts
$MELANIA was a fast mover with a strong narrative, but this recent $1.5 million team dump is a reminder that in the meme trenches, narrative alone doesn’t guarantee a safe moon mission. Always watch wallets, monitor liquidity, and remember: when the team sells, it’s usually smart to at least pause and reassess.