The team behind the coin of Melania Mebe made another token sales and threw 9.99 million Melania tokens in the amount of about $ 4.65 million over the past eight days.
According to the analyst in the Ember CN chain, these sales were made using “unilateral liquidity and DCA (averaging in dollars).” This continues with a common sales scheme, which began more than a month and a half ago.
Melania Team Nets 170 000 SOLANA
Since March 16, the project team has translated 41.675 million tokens of Melania (Melania) from community and liquidity addresses and began to convert them to Solan (SOL).
The total sale increased the team of 170,000 SOL, worth about 23.063 million dollars. The sale was made an average of 0.55 US dollars for the Melania token.
The analyst described in detail the process of the team’s conversion and mentioned that they “gradually sell SOL to convert it to USDC, transferring it to other chains or removing it.” This approach involves the planned liquidation strategy, and not sporadic sales.
Among continuous sales, token Melania showed a significant drop in prices in the recent market activity. Data on prices show a fall by 5.3% over the past 24 hours, and 32.1% fall on both 7-day and 30-day periods. The token remains 97.1% lower than its record high level of $ 13.05, reached on January 20, 2025.
Token Melania, associated with the first lady Melania Trump, initially gained momentum during the buzz of the coin of MEME, surrounding politicians and the official coin of Mema Trump (Trump). Nevertheless, the continuous pressure of sales by the project team raises questions about the long -term vitality of token and the command of the team to the project.
In the last check on Saturday, Melania decreased by 7.1% over the past 24 hours.
