Modern reports revealed that the team behind Mimikoen for the first lady in the United States, Melania, was in a silent sale during the past month without any explanations, as he sent the code price to 7.1 % in 24 hours.
Melania Mimikoen Sale “Quiet”
On Thursday, Lookonchain Data Analysis Company I mentioned The Mellania Memecoin team sells the Solana -based symbol over the past 25 days. Individuals who control the governor have emptied millions of symbols through liquidity that adds and withdraws from multiple addresses, X Post said.
According to the data on the series, the developers sold 6.72 million Melania symbols for 34168 Sol, at a value of about $ 4.2 million, by adding liquidity and removing it through eight governorates. Likewise, Bubblemaps Blockchain Analytics recently warned of “huge sale on MELANIA $”.
MELANIA team offloads millions of tokens by adding and removing liquidity. Source: Lookonchain on X
In the past, Bubblemaps explained that in late March, the governor of Melania, who was inactive to weeks, started to empty Memecoin, as she sent one million dollars to exchanges and extract more than two million dollars from liquidity pools.
The post confirmed that they “may have seen the recent decline in attention as a window to move the money quietly while a number of people were watching.”
On Monday, the Analysis Company on the series to update The encryption community, and revealed that Memecoin has transferred a $ 30 million code of community money, and they are “now sold quietly, without any interpretation of the team.”
Instead of providing a response, the team transferred 50 million Melania, at a value of $ 30 million at the time, from community money to the CQ2TJ6 portfolio before dividing it through multiple addresses.
After this step, “two new jobs worth $ 6 million” were opened, and more than $ 3 million of symbols were sent to the stock exchanges, with $ 500,000 already sold at the time of the report. Since then, the price of Memecoin has decreased by 12 %, as it decreased from a mark of $ 0.55 to 0.48-0.49 dollars.
Who is behind the movements?
In January, US President Donald Trump surprised the encryption market by launching his official symbol, Trump. The political symbol, which broke all the records of the newly launched encrypted currencies, followed the launch of mechanics inspired by Melania Trump, which led to severe criticism towards the presidential family.
One of the faces behind Melania Mimikwin is Hayden Davis, she is also responsible for the symbolic scale. The informant, along with Bubblemaps, revealed that two Memecoins were linked to the same difference.
After analyzing the data on the series, they tied the addresses associated with Melania to the scale. This means that “the Creator of Melania – or a person close to his team – has launched his own.”
In an interview with Coffeezilla to discuss his participation in the scale icon, Davis admitted that it was part of the team that launched Mimkewneh the first lady. As Bitcoin, he confirmed that Ream cut the cryptocurrency at the launch “due to the size of the snipers on the Trump symbol.”
He claimed that the Melania team did not exchange liquidity at the time of the interview, but “the liquidation was sold”. After the last sale, Bubblemaps asked why no one from the team was to the customer fund movements or sale. “If this is the team behind it, then why do I stay silent? They asked.
Last month, local reports claimed that the Argentine authorities were getting a red notice of the Davis, which still controls the distinguished code portfolio of millions of dollars from investors. In addition, the Argentine parliament is working to establish a special committee to investigate the plan, which includes President Javier Miley and his sister.
MELANIA's performance in the one-week chart. Source: MELANIAUSDT on TradingView
Distinctive photo of Unsplash.com, Chart from Tradingview.com
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