Melania Trump's $MELANIA Coin Has Become Active Again, Promises More Dumping to Come

According to a report from Arkham Intelligence, Melania insider wallets have become active again. In the transactions flagged by Arkham, the wallet in question

A report from Arkham Intelligence has flagged some activity from Melania insider wallets, which could mean that the meme token is about to get hit with some major price swings.

According to the report, the wallet in question received 50M MELANIA, which is 5% of the supply from the MELANIA team, and has just sent $1.87M MELANIA to a fresh wallet. This could mean that they’re getting ready to dump even more tokens, as Arkham notes that previous distributions from the same address were deposited to Kraken and sold via Meteora.

“The vesting schedule for MELANIA is brief, with the first unlocks occurring 30 days after launch (19/02/2025), making today currently the end of Month 2. 2.25% of MELANIA supply is linearly vested every month,” Arkham also tweeted.

In the comment section, users had mixed opinions about the news, with many implying that they believe someone in Melania’s team is getting ready to dump on the meme’s holders again.

There is little doubt that things are finally looking up, adoption-wise, for BTC and crypto in general. However, these series of recent high-profile rug pulls have left newer participants concerned and forced many of the more experienced investors to accept the “crypto” frenzy triggered by Trump may be tarnishing the industry’s reputation as an alternative monetary system.

$TRUMP, $MELANIA & $LIBRA were holes in the Solana ship

The season of political figures launching memes started when the POTUS decided to create one himself. The launch triggered a frenzy on Solana as degens quickly reallocated assets into the meme.

The immediate aftermath saw $TRUMP’s market cap peak at over $15 billion. However, the value crashed by 40%, erasing $7.5 billion in market cap in minutes after the first lady blitzed the market with $MELANIA’s launch.