You Won’t Believe What Melania Token Team Did with Millions While Prices Tanked!
So, here we are again, folks – another crypto drama unfolding, and this time it’s the Melania Token team pulling the strings. Blockchain data is spilling the tea, and guess what? They sold a cool $630,000 on April 26, followed by another $930,000 just two days later. Hmm, does this sound like a one-time fluke? Think again. It’s more like a carefully crafted strategy. 😏
Crypto sleuths over at Lookonchain (yes, that’s a thing) suggest that this is probably some kind of “dollar-cost averaging” move. Basically, it’s the crypto equivalent of spacing out your snack breaks so you don’t completely binge on chips and regret it later. Instead of a huge, dramatic sell-off, they’re dumping little bits at a time—like they’re trying to sneak out the back door without anyone noticing. 🤫
But wait—there’s more! Despite all the selling drama, Melania Token actually managed a tiny, barely-there rebound, gaining 21% over the past week. Talk about the little engine that could… or couldn’t, depending on how you look at it. 🚂 Unfortunately, it’s still a whopping 96% off its peak price of $13.70, which it hit back in January, probably when everyone was distracted by the anniversary of President Trump’s inauguration. Oh, the memories… 🙄
And while we’re all sitting here wondering if the Melania Token saga will ever turn around, someone’s clearly moved on. Attention is now shifting to another politically-themed token. Apparently, some crypto whale just opened a $1.33 million short position against the Official Trump (TRUMP) token. So, if TRUMP’s price hits $21.50, that whale’s going to have a real problem. 🤦♂️
And the best part? The memecoin circus is still going strong, claiming its spot as the second-largest sector in crypto for the first quarter of 2025. Because who needs fundamentals when you’ve got doggy coins and political drama, right? 🐕💸
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2025-04-29 02:54