In the volatile world of digital currencies, nothing stays the same for long. Among those stories that started with promising dreams and enticing promises, the Melania coin (MELANIA) stands out as a symbol of an ambitious journey that may be on the verge of collapse. After attracting the attention of traders as a currency inspired by the name of former First Lady Melania Trump, signs of concern began to emerge, with the development team selling large amounts of the digital currency.
Smart sale or a desperate escape?
According to the data platform Lookonchain, the sale was not random; the team used a "Dollar Cost Averaging" (DCA) strategy, which relies on gradually selling small quantities over time to reduce the impact of market volatility.
Two days ago, the equivalent of 1.18 million units of MELANIA was sold for $632,000 in SOL currency, followed by the sale of an additional 2.01 million units for $938,000. The total sales reached approximately $1.5 million, raising serious questions: Is the team losing faith in the project?
An uncertain future and legitimate concerns
So far, the team has not announced a clear plan for the future, but their movements suggest that this sell-off may not be the last. Amid this uncertainty, many investors feel confused and anxious, especially those who believed in the project from the beginning.
Melania is not alone... TRUMP is also under scrutiny
In the arena of digital political competition, Melania is not standing alone. One of the major investors opened a huge short position against TRUMP currency worth $1.33 million, indicating that skepticism about currencies associated with political figures has become a growing phenomenon.
TRUMP currency is currently trading at $14.92, with a market cap of about $2.98 billion, reflecting the level of interest – and perhaps risk – associated with it.
Does the spark of hope still remain?
Despite these troubling movements, the Melania coin has not given up yet. It recorded a 20% increase last week, but it has declined by 6% in the last 24 hours and is currently trading at $0.45. Nonetheless, it remains far away from its peak price, with a decline of over 95%.
A final message to investors: In the world of digital currencies, dreaming alone is not enough. Intelligence in timing and awareness of internal project movements may be the difference between success and failure. Stay alert and watch the scene closely... the coming days may hold a lot.