Melania coin is going to the moon. Oh, wait, scratch that and reverse it. We’re now seeing a Melania scandal with her own crypto coin.
MELANIA coin has shed 39% of its value in record time, a downfall linked to LookOnChain’s discovery that its executives offloaded 8.22% of the supply for a hefty $35.7 million in Solana (SOL).
Now, doubts around transparency and trust have left investors in the lurch, adding to the growing skepticism surrounding celebrity-fronted cryptocurrency projects.
Melania Scandal: Insider Sell-offs Tank MELANIA Coin
Why is the first lady rugging her investors? The data shows 82.18 million MELANIA tokens were offloaded across 44 wallets. This coordinated selling flooded the market, pushing the price down by 69% over three months. Notably, MELANIA is now 98.35% below its all-time high of $13.05, reached on January 20, 2025.
Because President Trump is now the most powerful crypto advocate in the world.
His family controls World Liberty Financial, owns 60%, takes 75% of revenue.
They run $TRUMP, $MELANIA coins, and hold nearly 40% of his net worth in crypto. pic.twitter.com/SgxcnK90QB
— Frank Curzio (@FrankCurzio) June 23, 2025
Sell pressure from insiders was compounded by the token’s ongoing unlock schedule.
With 620 million tokens circulating out of nearly 1 billion total, unlocks of the remaining 379 million could only worsen the price action.
Can MELANIA Recover?
The dramatic collapse of Donald Trump’s meme coin serves as a perfect parallel here, with its value down almost 90% from its glory days. Hype has always been the lifeblood of celebrity-affiliated tokens, but without tangible utility, they seem destined for the same volatile end.
MELANIA’s meltdown has spotlighted the uneasy marriage between celebrities and cryptocurrency. Moreover, without tangible use cases, MELANIA leaves investors exposed to the volatility of hype-driven markets and insider meddling.
Celebrity Meme Coins and a Troubling Pattern After Melania Scandal
MELANIA’s downfall mirrors Donald Trump’s ill-fated crypto experiment, proving that even the POTUS and FLOTUS can rug the American people. It’s such a sadness.
Celebrity-endorsed meme tokens tend to crash as quickly as they gain traction, leaving most backers financially ruined when sell-offs inevitably kick in.
For anyone still eyeing MELANIA, its price nosedive and insider-selling accusations are glaring red flags. Meme coins with no real utility are magnets for manipulation. 99Bitcoin’s analysts are urging caution that research is essential, and only disposable income should be risked.
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Key Takeaways
- MELANIA coin has shed 39% of its value in record time, a downfall linked to LookOnChain’s discovery that its executives offloaded 8.22% of the supply for a hefty $35.7 million in Solana (SOL).
- Trump and Melania’s coins are looking like dying coins. It’s such a sadness..
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