title: Melania Trump’s Meme Coin, MELANIA, Collapses by 97% from Its All-Time High

Melania Trump’s meme coin, MELANIA, has experienced a dramatic collapse in value, plummeting by 97% from its all-time high of over $13 to an all-time low of $0.38.

Melania Trump’s meme coin, MELANIA, has suffered a massive setback as its price plunged by 97% from its all-time high of over $13 to an all-time low of $0.38.

Melania Trump’s meme coin, MELANIA, has suffered a massive setback as its price plunged by 97% from its all-time high of over $13 to an all-time low of $0.38.

The token’s value has been eviscerated since January, when Donald Trump’s inauguration as U.S. president sparked a sharp downturn in the market.

The dramatic collapse in the token’s value has raised concerns about potential insider activities and market manipulation within the project.

Melania Trump’s meme coin, MELANIA, has experienced a significant downturn, with its price plummeting by 97% from its all-time high of over $13 to an all-time low of $0.38.

Melania Trump’s meme coin, MELANIA, has experienced a significant downturn, with its price plummeting by 97% from its all-time high of over $13 to an all-time low of $0.38.

The token’s value has declined sharply since January, following Donald Trump’s inauguration as U.S. president.

The case also highlights ongoing debates about the balance between privacy and regulatory compliance in the industry.

Melania Trump’s meme coin, MELANIA, has hit an all-time low of $0.38, marking a 97% drop from its all-time high of over $13.

The token’s price has been eviscerated since January, when Donald Trump’s inauguration as U.S president sparked a sharp downturn in the market.

The cryptocurrency, which was launched by Melania Trump herself on the eve of her husband’s inauguration, has come under scrutiny for its lack of cooperation with major exchanges.

Earlier this week, Bybit announced that it would delist MELANIA due to the token’s team’s lack of communication and responsiveness.

In response, the MELANIA project defended its decision not to cooperate with Bybit, citing past reputational attacks on the token.

The team also criticized the broader crypto industry for “elitist policies” that they say undermine privacy-focused exchanges like MELANIA.

According to on-chain analyst EmberCN, nearly three million MELANIA tokens were offloaded by wallets tied to the project on April 19.

Long-Term Concerns and Allegations

According to EmberCN, the MELANIA project team has sold over 23 million tokens, valued at approximately $14.75 million, in the past month alone.

Further analysis from Bubblemaps revealed that wallets associated with the MELANIA team control approximately 92% of the token’s total supply. Critics argue that such a high degree of centralization raises serious concerns about market manipulation and a lack of transparency.

Impact on Token Price and Market Sentiment

The allegations and insider activity have had a significant impact on MELANIA’s market performance.

After a brief rally in March, which some analysts attributed to a potential pump and dump scheme, the token’s price has continued to decline steadily.

The team’s practices and responses to criticism have also sparked discussion about ethics and trust in the cryptocurrency industry, where price volatility and market manipulation are ongoing concerns.

As criticism mounts, the MELANIA team’s practices continue to fuel discussions about ethics, trust, and the need for robust safeguards in the volatile cryptocurrency ecosystem.