🚨 Over 20 million $ of $MELANIA sold by the project team since the launch of the memecoin
On June 3rd, the team of $MELANIA announced that they had signed an agreement with Wintermute to provide liquidity, and regarding this, they notified that movements to new wallets could be observed.
Honestly, banal tweets like these, although providing information, do not answer the real questions.
According to analyses from @Bubblemaps.io , 30 million $ of tokens have been sold from the team's wallets and another 10 million $ of tokens have been withdrawn from the community pool and sold; since the launch of the memecoin.
Why? What is the reason?
We do not know.
These kinds of behaviors lead to thinking that these celebrity memecoins are created just to suck the community dry.
These projects regularly take profits, so you might want to do the same. I'm not telling you to sell, but consider the little I have shared with you. And don't be emotional, as the team won't be when wanting to take profit from you.
Thanks to #Bubblemaps for always revealing the on-chain conspiracies!
