Melania Meme Coin Price Drop After Official Team Selling It?

2025-07-08

In the ever-volatile world of meme coins, few stories have captured attention quite like the recent downturn of the Melania Meme Coin ($MELANIA).

Once hailed for its name recognition and speculative potential, the token has seen a dramatic fall in value amid troubling reports that its own development team offloaded a massive portion of its supply.

This has led to questions about the coin's legitimacy, long-term value, and the ethics surrounding its management.

What is Melania Meme Coin?

Melania Meme Coin, often referred to simply as Melania, is a Solana-based meme coin that drew public attention for its branding around former U.S.

First Lady Melania Trump. Like many meme coins, it lacked any intrinsic utility or functional purpose, instead relying heavily on name association and viral marketing to drive adoption.

Despite having no stated use-case or ecosystem utility, the coin once achieved a market capitalization exceeding $500 million, illustrating the speculative fervor common in crypto markets.

Massive Sell-Off by Melania Coin Team

The recent price crash of MELANIA has been linked directly to insider selling. According to on-chain data provided by LookonChain, the MELANIA development team sold off 82.

18 million tokens — approximately 8.22% of the total supply — over a period of four months. These sales generated 244,934 SOL, which translates to roughly $35 million at the time of writing.

Rather than selling these tokens openly on the market, the team employed a method of adding and removing liquidity across 44 separate wallets. This was a strategic move likely designed to minimize scrutiny, though it has nonetheless sparked outrage within the crypto community.

The result was an 80% decline in the Melania Meme Coin price, from an all-time high of $1.22 to around $0.20, effectively wiping out millions in investor value.

Transparency and Tokenomics Concerns

Adding fuel to the fire, MELANIA’s own documentation has made it clear that the coin holds "no functionality" and that the team has no intention of reinvesting proceeds into community development, ecosystem growth, or new utilities.

This makes MELANIA a purely speculative asset. While this isn't uncommon in the meme coin space, the scale of the insider selling and lack of community transparency has deeply shaken investor trust.

Failed Partnership with Wintermute

In June 2025, the MELANIA team attempted to restore confidence by partnering with Wintermute, a well-known market maker in the crypto space.

The team transferred 150 million MELANIA tokens, valued at $50 million, to multiple wallets, including 20 million directly to Wintermute, in a bid to improve liquidity and reduce price volatility.

Although this partnership stabilized trading conditions temporarily, it failed to counteract the downward momentum caused by the sell-off. Since the start of the partnership, MELANIA has lost an additional 59% in value, leaving many holders underwater.

Community Reaction

The crypto community has not taken the news lightly. Many investors feel betrayed by what they perceive as deliberate dumping by the token’s creators. Social media channels are rife with posts labeling the project a "rug pull" or scam, even though no formal fraud has been proven.

Calls for regulatory oversight and better transparency standards in the meme coin industry have grown louder, especially in light of similar controversies involving other tokens in 2024 and 2025.

Conclusion

Given the lack of utility, developer accountability, and active ecosystem development, many analysts and traders now question the future of the Melania Meme Coin. While the coin may still appeal to short-term speculators hoping for a bounce or pump, its long-term viability looks increasingly bleak.

Unless the project can radically improve its transparency and community engagement, MELANIA seems destined to remain a cautionary tale in the speculative crypto space.

FAQ

What caused the Melania Meme Coin price drop?

The price dropped nearly 80% due to insider selling by the official MELANIA team, which sold off 82 million tokens worth $35 million over four months.

How did the MELANIA team sell their tokens?

Instead of using open market orders, the team added and removed liquidity across 44 wallets to avoid detection.

What is Melania Meme Coin?

Melania is a Solana-based meme coin with no stated functionality or utility, named after Melania Trump.

Is Melania Meme Coin a scam?

While no legal action has been taken, many investors believe the token's management engaged in unethical behavior, especially given the insider selling and lack of reinvestment.