Listen, think about what a strange story happened with Melania Trump's crypt. Do you remember when they launched her meme coin in January? Then it seemed that this was just another attempt to hype — well, memes, crypts, everything as usual. But here's what really surprises…
In less than a month after the launch, the coin first rose to $13.69, and then plummeted to $0.84. It would seem — well, that's it, a typical pyramid, forgotten. But then it recently became known that someone quietly sold these tokens to Melania for as much as $ 30 million! Moreover, this happened without any statements from the project team. They just silently withdrew tokens through different wallets, and that's it — some went to exchanges, some were sold directly.
The Bubble Maps research team tracked it all down. They found out that 50 million tokens were first concentrated in one wallet, and then scattered across others. Already at that time, more than $ 3 million had been withdrawn, and positions were opened for another $6 million. Insiders seemed to have made good money while ordinary investors were losing money.
What is even more interesting is that the total value of Melania's business in the crypt is now about $ 464 million, although it was initially estimated at $1.7 billion. That is, in a couple of months, almost one and a half billion were blown away. And all this is happening against the background of scandals on the stock market and Trump's intense interest in the crypt (his own coin also sank sharply, but at the same time managed to bring millions to his company).
The coin's website says in black and white: This is not an investment or a security. That is, you can't formally make claims. But in fact, everything looks like a classic scheme: a coin is being created, it is being promoted, the price is rising, insiders are "merging", the rest are in the red.
So that's what I'm thinking — is this another case of hype and manipulation in the world of meme coins? Or do such projects have some kind of future, despite all these scandals? What do you think about it?
