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MELANIA token promotion: US First Lady Melania Trump posted an AI video promoting the Solana memecoin MELANIA while blockchain analysis shows roughly $10 million in community tokens sold by team wallets and a 98% price collapse from the all-time high.
Team wallets sold ~$10M of community tokens, raising centralization and transparency concerns.
The MELANIA memecoin has plunged ~98% from its peak; on-chain traces show large transfers and DCA-style selling.
Blockchain intelligence platforms Bubblemaps, Lookonchain and CoinMarketCap data document the transfers and price decline.
Melania token controversy: MELANIA token faces $10M team sales and 98% collapse — read the timeline and how to verify on-chain. Learn more now.
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US First Lady Melania Trump promoted her MELANIA token in an AI video, but questions linger over $10 million in team token sales and a 98% price collapse.
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US First Lady Melania Trump has resumed promoting her Solana-based memecoin, MelaniaMeme (MELANIA), after months of silence. The renewed promotion coincides with unresolved concerns about millions in team-driven token transfers.
In a Thursday X post, Trump returned with an artificial intelligence-generated video promoting the Official MelaniaMeme token as the path “into the future,” tagging the memecoin’s official account.
Source: Melania Trump
Blockchain analysts noted the promotion did not address substantial token movements from team wallets. On-chain reports flagged significant transfers that preceded and followed brief price spikes.
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“Melania Trump won’t address the $10M of community tokens sold by team wallets. Just post an AI video after 10 months of silence,” blockchain data visualization platform Bubblemaps said in a Thursday X post. The statement highlights investor frustration over transparency.
On April 7, the project moved $30 million worth of community funds that were reportedly sold without public explanation, according to blockchain data cited by Bubblemaps. Additional sales of roughly $1.5 million occurred in the three days before April 28, following a 21% price rally the prior week.
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Source: Bubblemaps
What is the MELANIA token controversy?
The MELANIA token controversy centers on large, unexplained sales from team-associated wallets and a dramatic price collapse. On-chain data shows millions shifted out of community liquidity, sparking questions of transparency and market manipulation.
How much did the team sell and how did the price react?
Reported on-chain movements include a $30 million transfer on April 7 and roughly $10 million of community tokens attributed to team wallets. The token traded at approximately $0.18 at the time of reporting, down roughly 98% from its all-time high of $13.73, using CoinMarketCap data as a price reference.
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The selling patterns resembled dollar-cost averaging (DCA), per Lookonchain’s analysis, with repeated smaller sells instead of a single massive dump. That approach correlated with brief price increases followed by sustained declines.
Who are the key actors and prior incidents?
One co-founder of the Libra (LIBRA) token, Hayden Davis, is listed as a co-creator of MELANIA and several memecoins in 2025. Previous projects tied to the same actors experienced rapid collapses, including a token that crashed 99% after insiders controlled large supply shares.
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Summary table: MELANIA token key metrics
Metric
Value
All-time high
$13.73
Price at reporting
$0.18
Approx. drawdown
~98%
Reported team/community sales
$10M–$30M (on-chain reports)
Blockchain
Solana
Frequently Asked Questions
Did Melania Trump comment on token sales?
No public response from the offices of President Donald Trump or the First Lady had been received by reporters at the time of publication.
How can I verify on-chain transfers for MELANIA?
Use Solana blockchain explorers to inspect transactions, check addresses flagged by intelligence platforms (Bubblemaps, Lookonchain), and cross-reference large transfers with DEX liquidity changes and trade volume.
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Key Takeaways
Large team transfers: On-chain data shows $10M–$30M moved from team-related wallets, raising transparency concerns.
Massive price decline: MELANIA is down ~98% from its ATH, highlighting extreme memecoin volatility.
Verification steps: Investors should verify wallet addresses, inspect transfer timestamps, and compare with liquidity and market data.
The MELANIA token promotion by Melania Trump has reignited scrutiny of the memecoin after significant on-chain sales by team wallets and a near-total loss of market value. Investors should treat memecoins with caution, verify on-chain data independently, and demand transparency from project teams.
