Melania Memecoin Team Sells $1.5M Tokens Amid 21% Price Surge and TRUMP Token Faces Short Pressure
28.04.2025 14:37
The team behind the Official Melania Meme (MELANIA) token has sold over $1.5 million worth of tokens in the past three days using a dollar-cost averaging strategy, which may exert downside pressure despite a recent 21% price recovery. The selling activity, confirmed by blockchain data and highlighted by crypto intelligence platforms such as Lookonchain, follows a pattern of programmed sales that could contribute to short-term volatility. Meanwhile, attention has also turned to the Official Trump (TRUMP) memecoin, where large investors are positioning with leveraged short trades. A newly created whale wallet has deposited $1.33 million in USDC to open a 2x leveraged short at a threshold that could trigger liquidation if the price exceeds $21.50. This comes amid a broader narrative where memecoins continue to maintain significant investor interest despite historical price challenges, with data from CoinMarketCap noting that MELANIA remains significantly below its all-time high. The news reflects ongoing market dynamics in the memecoin sector, where programmed selling strategies and leveraged positions are influencing price behavior.
The strategic DCA selling by the Melania team could trigger increased short-term volatility. Although a 21% recovery was observed recently, the consistent token sell-offs are likely to apply downward pressure in the near term. Historically, such programmed selling has led to corrections, and while the current recovery may hint at a resilient base, cautious sentiment may temper further momentum until deeper market fundamentals take hold.
The emergence of leveraged short positions on TRUMP indicates strong bearish sentiment. With a short opened at $14.7 and liquidation risks above $21.50, immediate downward price pressure is expected. Historically, similar setups in memecoin markets have led to rapid declines, suggesting that unless there is a significant reversal in investor sentiment, TRUMP may continue to experience short-term weakness even if long-term prospects eventually stabilize.
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