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MELANIA Token Insiders Pocket $100 Million Profit Minutes Before Melania Endorsement

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  • Insiders made almost $100 million by buying MELANIA tokens minutes before Melania’s official endorsement.
  • Since March 16, the MELANIA team has sold over 41 million tokens without giving any sort of official explanation, raising community concerns.


The MELANIA token has once again sparked controversy after reports revealed that insiders made $100 million in profits minutes before Melania Trump’s endorsement post.

This move has raised questions about the timing and fairness of the token’s release, with many speculating that key players had prior knowledge of the upcoming announcement.

Insider Profits Raise Questions on Market Manipulation

The details were covered by the Financial Times, and it revealed that insiders made $99.6 million from the token hours before its launch. The report showed about 24 addresses that spent $2.6 million on 16.77 million tokens within just two and a half minutes before Melania Trump shared the news on her Truth Social account.

This big movement caused a ‘trading frenzy,’ allowing the price of MELANIA to significantly increase. Most of the addresses sold off their tokens quickly, making huge profits, with almost 81% of the sales happening within 12 hours of launch. A particular address spent $681,000 to buy the token 64 seconds before the announcement and earned $39 million within 12 hours after the announcement, plus an additional $4.4 million after three days.

While this raised concerns about insider trading, the SEC stated that memecoins are considered collectibles rather than securities, implying that traditional rules that govern securities don’t apply to insider trading.

Since March 16, the MELANIA team has moved over about 41.675 million tokens from community and liquidity wallets, selling them on exchanges and adding their own liquidity.

Most of the funds were either changed to USDC or taken out. Even though many in the crypto space have questioned the ongoing sales, the token team has not released any public statements.

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MELANIA Insiders Sell 6.72M Tokens; Are They Abandoning the Project?

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  • Insider Melania token holders have sold over 6.72 million tokens, leading to concerns about an abandonment of the project.
  • Many analysts believe the team is secretly selling off community-allocated tokens.
  • This situation is causing investor confidence to shake in the Melania project as revealed in the token’s price drop and fading social interest.

The MELANIA token, referred to as the “Official Melania Meme” coin, is facing difficulties after the team running it was caught selling off huge chunks of the tokens through various wallets. Recently, these project insiders sold around 6.72 million MELANIA tokens, and it is becoming increasingly likely that some of them are pulling out while leaving the current community in the lurch.

According to the blockchain data-tracking platform, Lookonchain, it looks like the team used eight different wallets to conduct transactions, swapping the tokens for 34,168 SOLs, which yielded $4.2 million in profits for them.

Melania Wallet Activity Raises Suspicion 

Some analysts, such as Bubblemaps, suspect that the larger game plan has been to quietly cash in on the meme-themed cryptocurrency originally given to the community. The team has been offloading huge amounts of these tokens for months, yet there has been no explanation for such a decision.

They made sales worth $2 million in a separate trade, undermining the token’s price stability. Bubblemaps also reported the transfer of 50 million MELANIA tokens by a community wallet to other addresses.

Additionally, $3 million worth of the token was moved to exchanges, and $500,000 worth of these memecoin was sold from one wallet. Experts believe this has led to the belief that further token sales are in the pipeline.

What is troubling is that none of the actions mentioned here have been addressed by anyone from the MELANIA project. There has been no response regarding the significant movements, the sales, or even from the person said to be linked with the team, Hayden Davis. 

Token Selloff keeps Melania’s Future In Doubt

Despite the massive token selloff, MELANIA still has a significant market value of $277.6 million, and its circulating supply is approximately 539.31 million tokens. Yet, for the past seven days, the token’s price has decreased by 8.67% to $0.5147.

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Source: CoinMarketCap

There’s no fixed maximum supply for this cryptocurrency and since the total amount is about to reach a billion tokens, people are beginning to get worried that the more of the tokens are sold off, the more likely its value will decrease.

Additionally, the project’s profile score is stuck at a 40% ranking, which means that the project’s social media interest is fading. Thus, many investors are afraid that MELANIA will not live up to its early hype.

TRUMP and MELANIA Tokens Spark Ethical Controversy

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Key Takeaways:

  • MELANIA token’s economic model differs significantly from TRUMP, with notable disparities in team share lock-up periods.
  • The rapid launch of $TRUMP and $MELANIA before potential presidential terms raises ethical and constitutional questions.
  • Both tokens highlight a strategic distancing of direct involvement by utilizing separate entities and teams.

The MELANIA token introduces a tokenomics structure distinct from its predecessor, TRUMP. The allocation splits as follows: 35% team share, 20% treasury, 20% community, 15% public offering, and 10% liquidity. However, the lock-up periods highlight a stark difference—MELANIA team shares unlock faster, with 10% released on day 30 and the remainder gradually over 12 months.

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On the other hand, TRUMP has a lock-up period that extends to three years, ensuring longer-term restrictions. This difference raises eyebrows about the underlying motivations and market expectations for both tokens.

Strategic Timing Amid Constitutional Scrutiny

As voices in the industry like Zack Guzmán note, the rapid release of both $TRUMP and $MELANIA before any presidential tenure may insulate Donald Trump from constitutional challenges. One of the most contentious issues of his career has been the Emoluments Clause, which prohibits presidents from profiting from foreign governments.

The fact that he issued the tokens well in advance of any political engagement means he won’t face direct claims of using the presidency for personal gain. Both Donald and Melania Trump have waded into the digital asset waters with NFT projects in recent years.

Though separate entities were used to manage these projects, public filings reveal substantial earnings: Trump’s ventures reportedly netted $7.2 million through deals tied to NFTs, while Melania earned over $330,000. These figures highlight a growing trend of financial diversification within the Trump brand.

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A New Frontier in Political and Financial Strategy

But while the timing of the tokens was deliberate, thorny questions about ethics and regulation still surround many such launches. Critics say that his use of memecoins and NFTs further obscures lines between personal gain and public office. But launching the tokens before he might become president avoided skirting the possibility for allegations tied to constitutional violations.

What’s more interesting in the case of the creation of $TRUMP and $MELANIA is the way it speaks to the latest manifestation of political branding-fully pivoting, digitally-centered. Whether that is a notion deemed innovative or opportunistic, the bottom line with such tokens-if one cuts through all the semantics-is a more thoroughly imbricated politics than ever before with the textures of emerging technology.

As the discussion goes on, one thing becomes sure: a presidential memecoin debate was probably the farthest thing from the minds of the founding fathers when they drafted the Constitution. And yet, here we are, forging new ground in the digital frontier.

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