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Not Just TRUMP: MELANIA-Linked Wallets Offload Large Holdings Amid 98.4% Price Dump
TL;DR
The post indicates that the team has cashed out over $35 million in MELANIA over the past four months from 44 wallets related to them.
Within this timeframe, the meme coin related to the FLOTUS experienced a massive price dump. It peaked at $8.5 hours after its launch but quickly started to lose value.
In the past 24 hours, the asset has plunged to $0.2, which represents a 98.4% price dump within just several months.
Thus, the MELANIA team has followed the example set by those operating the TRUMP token. CryptoPotato reported numerous times in the past that wallets linked to the POTUS meme coin had disposed of enormous portions of the token.
The most recent example was quite controversial as it came just hours before the US launched a missile attack against Iran, after which the entire crypto market turned red, including the TRUMP meme coin.