Melania Memecoin Team Sells $1.5M Tokens Amid 21% Price Surge: What’s Next?
Introduction
The team behind the Official Melania Meme (MELANIA) token has sold over $1.5 million worth of tokens in just three days, raising concerns about a potential price downturn. Despite this, the token has surged by 21% in the past week. What’s driving this volatility, and is the memecoin trend losing steam?
Melania Team’s Strategic Token Dump
Blockchain data reveals that the Melania memecoin team executed two major sales:
- $630,000 sold on April 26
- $930,000 sold on April 28
Crypto intelligence platform Lookonchain identified these transactions as part of a dollar-cost averaging (DCA) strategy, where assets are sold in predetermined amounts at fixed intervals to minimize market impact.
“The #Melania team didn’t just add or remove liquidity to sell $MELANIA, they also employed a DCA strategy for direct sales!” — Lookonchain
Price Performance: A Mixed Bag
Despite the sell-off, MELANIA has climbed 21% in the last seven days. However, it remains 96% below its all-time high of $13.7, recorded on January 20—the date of former U.S. President Donald Trump’s inauguration.
Whales Bet Against Trump Memecoin
While MELANIA shows resilience, large investors are shorting the Official Trump (TRUMP) memecoin. A newly created whale wallet deposited $1.33 million in USDC to open a 2x leveraged short position at $14.7. The position faces liquidation if TRUMP rises above $21.50.
Memecoins: Still Dominant but Losing Momentum?
Memecoins were the second-largest crypto sector in Q1 2025, capturing 27% of investor interest, trailing only AI tokens (35%), per CoinGecko.
However, the decline in activity on memecoin launchpad Pump.fun—from 2.85 million weekly active wallets in January to 1.44 million in March—suggests the memecoin supercycle may be fading.
Conclusion: Is the Memecoin Bubble Bursting?
The Melania team’s sell-off and TRUMP’s shaky performance hint at a broader trend: memecoins may no longer be the market’s darling. Investors should:
- Monitor team wallet movements for early exit signals.
- Diversify into emerging narratives like AI or RWA tokens.
- Exercise caution with leveraged bets on volatile assets.
While memecoins aren’t dead yet, the era of easy gains may be over. Will 2025 bring a new crypto narrative to the forefront?
Further Reading: Caitlyn Jenner memecoin ‘mastermind’s’ celebrity price list leaked
