Melania Group Sells $1 Million Liquidity, Raises New Anxiety

The MELANIA token community is concerned about a soft rug pull after the blockchain tracking platform Arkham Intelligence reported that the team behind this meme coin had transferred 1 million dollars worth of MELANIA tokens from the Meteora liquidity pool to a new wallet.

While this may seem like a regular transaction, historical behavior shows the opposite. In many instances, the team has taken similar liquidity pool withdrawal actions in recent weeks. This latest activity comes after a series of suspicious transactions detected by Lookonchain in recent days, showing that the MELANIA group has sold over $1.5 million worth of tokens within 72 hours. On April 28 alone, $938,000 worth of MELANIA was sold, two days after a sell-off of $632,000. According to blockchain data from Solscan, the sales are distributed across multiple wallets, indicating a deliberate fragmentation to conceal the true extent of selling pressure.

Although the price of MELANIA has increased by 21% in the past week, the price of this token is still 96% lower than its all-time high of $13.70 achieved on January 20. Liquidation Calculations and Historical Models: A Deeper Insight The sales strategy of the MELANIA group is being calculated more meticulously. According to Lookonchain, the group has applied a DCA strategy, in typical investment situations, helping to minimize emotionally driven decisions by buying or selling assets in small batches over time.

However, in this case, this strategy is used to sell off a huge amount of held tokens without causing a catastrophic price slippage that would alert the community too early. This approach ensures continuous downward pressure while still concealing the entire level of impact. This is not the first time this has happened. Going back to April 20, blockchain researcher EmberCN reported that the MELANIA group sold over $14.75 million worth of tokens last month through centralized exchanges and manipulated the liquidity pool on decentralized platforms. On April 19 alone, they sold 2.95 million tokens valued at approximately 1.2 million dollars SOL. Despite community speculation and ongoing warnings, these actions continue without consequences. MELANIA, a cryptocurrency that once had a market capitalization of 13 billion dollars, has now lost 99% of its value, similar to the disastrous collapse of LIBRA.

The Momentum of Meme Coins Diminishes as Political Coins Lose Their Appeal Although memes accounted for 27% of crypto investors' interest in Q1 2025, second only to AI tokens, recent performance trends show that enthusiasm is waning. TRUMP, another political-themed meme token, has dropped sharply from a high of $75.35 to just $8.14 in three months, despite new interest related to the $300 million token unlock and a promotional gala event featuring President Trump himself.

The excitement is gradually diminishing across the ecosystem, as meme coins are currently struggling; investors are shifting towards narratives with more substantive content, such as AI and the tokenization of real-world assets (RWA). This concern extends beyond the realm of cryptocurrency. Legal pressure is increasing against such suspicious activities. In an unrelated but parallel incident, Nike is facing a class-action lawsuit from RTFKT investors, who allege that the sports giant made a light pull-the-rug move by abruptly shutting down the NFT platform in December 2024. The plaintiff argues that Nike failed to disclose the legal risks and abandoned the project after inflating it, an action similar to the case of MELANIA and LIBRA. With big brands like Nike and projects like MELANIA being criticized, the pre-meme super cycle is on the decline, which could pave the way for a new, more heavily regulated, and more cautious phase in the sector. For those holding MELANIA, the outlook remains bleak. The price of the token is nearing its bottom, and with each new liquidity pool removal or wallet transaction, confidence in the project continues to wane. New investors should limit their investments and seek more suitable investment products.