#MELANIA Controversies and Criticism ⚠️
Trading Allegations:
Reports indicate that 24 wallets purchased $2.6 million worth of $MELANIA tokens minutes before the public announcement, leading to profits nearing $100 million. One wallet, linked to crypto entrepreneur Hayden Davis, allegedly turned a $681,000 investment into over $43 million within days.
Transparency Issues:
The project's website was launched just a day before the token announcement and lacked standard cybersecurity protections. Additionally, the initial concentration of tokens in a single wallet contradicted the stated distribution plan.
Regulatory Concerns:
Given its association with political figures and the lack of regulatory oversight for memecoins, $MELANIA has faced scrutiny regarding its legitimacy and potential for misuse.
#DYOR #MELANİA