Article Hub

Melania Coin team pulls a midnight vanishing act — $30 million gone in the night

Melania coin
On-chain data shows the devs didn’t just dump—they elegantly dumped, spreading out sales like a gourmet cheese platter to avoid setting off alarms.

Well, well, well… Here’s another meme coin doing what meme coins do best—disappearing faster than a pizza at a crypto meetup. The so-called Melania Solana (MELANI) team just pulled off a Mission Impossible-style heist, dumping a cool $30 million while investors were busy making memes and dreaming of Lambos.

Thanks to the blockchain detectives at Bubblemaps, we now know the truth: the devs were cashing out like they had a one-way ticket to Mars and didn’t want to pay baggage fees. Bubblemaps stated on the X app, “No one from the MELANIA team has addressed this. Not the movements. Not the selling.” The price? Down 50%. The mood? Somewhere between “I should’ve sold” and “I can’t believe I fell for this again.”

The Great MEL Escape: Breaking News…. and Hearts

On-chain data shows the devs didn’t just dump—they elegantly dumped, spreading out sales like a gourmet cheese platter to avoid setting off alarms. By the time retail traders noticed, it was too late. The liquidity was gone, the charts were bleeding, and the only thing left was a Discord full of confused holders asking, “Uh… guys? Where’d everybody go?”

Crypto Twitter, of course, is having a field day. One genius compared this to “a rug pull with a five-star Yelp review,” while another joked, “Melania Solana meme coin dump? More like ‘Melania left the chat.’” The team? Radio silence. Classic.

What’s Next for Holders?

History shows meme coins rarely rebound from team dumps of this scale. Yet exceptions exist—Shira Inu surged 400% post-dump in 2024 after a transparent relaunch. If MELANIA’s creators resurface with burns or buybacks, hope could flicker. But with Solana’s ecosystem now hyper-vigilant, the team’s silence speaks volumes.

As the dust settles, one question lingers: Was this a greedy cash-out or a strategic misstep? For now, MELANIA’s legacy hinges on its next move—or lack thereof. “In crypto, trust is the hardest token to mint,” Vasquez added. “And once spent, it’s gone forever.”Whether MELANIA becomes a cautionary tale or a phoenix, today’s drama underscores crypto’s golden rule: Never marry a meme!

Most Read

Article At A Glance

Article At A Glance

    Related Stories