梅拉尼亚模因硬币被新的争议席卷

新的争议浪潮吞没了梅拉尼亚模因硬币。区块链跟踪平台Arkham透露，开发团队撤回了价值100万美元的流动性

A new wave of controversy has engulfed MELANIA (MELANIA) meme coin as blockchain tracking platform Arkham revealed that the development team withdrew 1 million in liquidity from Solana-based platform Meteora and moved the funds to a fresh wallet.

作为区块链跟踪平台阿卡姆（Arkham）揭示了开发团队从总部位于索拉纳（Solana）的平台meteora撤回了100万次，新的争议席卷了Melania（Melania）Meme Coin Coin，并将资金转移到了新的钱包中。

While meme coins are known for their speculative momentum and, in recent times, celebrity branding, this incident has sparked fears of a potential rug pull. These concerns are further amplified by the project’s history of questionable token movements and investors are now questioning the token’s legitimacy.

尽管Meme硬币以其投机势头而闻名，并且在最近的名人品牌中，这一事件引发了人们对潜在地毯的担忧。该项目的值得怀疑的运动的历史进一步扩大了这些问题，而投资者现在正在质疑令牌的合法性。

As the crypto community takes a closer look at MELANIA’s recurring liquidity dumps and dwindling trust, let’s take a look at what happened and why investors are worried.

当加密社区仔细研究Melania的经常性流动性转储和减少信任时，让我们看看发生了什么以及投资者为何担心。

MELANIA TEAM MOVING $1MMELANIAThe MELANIA Team just removed $1M of MELANIA from Meteora liquidity pools and sent it on to a new wallet.Previously, when they have done this, they have sold MELANIA via Jupiter DCA, then deposited the SOL to MEXC.

梅拉尼亚（Melania）团队将$ 1mmelania The Melania团队搬出了100万美元的Melania从Meteora流动性池中删除，并将其送到了一个新的钱包中。当他们这样做时，他们通过木星DCA卖掉了Melania，然后将索尔存入Mexc。

Melania Liquidity Vanishes

美拉尼亚流动性消失了

The 1 million withdrawal on April 29 marks the latest chapter in MELANIA’s liquidity controversy. In the weeks preceding this event, the developers had been diligently selling off MELANIA tokens from decentralized exchanges.

4月29日的100万撤军标志着梅拉尼亚流动性争议中的最新一章。在此事件之前的几周中，开发商一直在努力从分散交易所出售Melania令牌。

According to data from Lookonchain and EmberCN, these withdrawals follow a well-defined pattern. The team systematically moves funds, fragmenting their holdings across multiple wallets. Afterwards, they offload these tokens through aggregators like Jupiter using dollar-cost averaging (DCA) tactics.

根据Lookonchain和Embercn的数据，这些撤回遵循明确的模式。团队系统地移动资金，将其在多个钱包中的持股分散。之后，他们使用美元成本平均（DCA）策略将这些令牌通过木星等聚合器卸载。

While this method appears to be implemented carefully to minimize any significant impact on the market, critics contend that it serves to obfuscate the full scope of insider activity, especially when it comes to large-scale exits from liquidity.

虽然该方法似乎要仔细实施以最大程度地减少对市场的任何重大影响，但批评家认为，它有助于使内部活动的全部范围混淆，尤其是在从流动性中大规模退出时。

The #Melania team didn’t just add or remove liquidity to sell $MELANIA, they also employed a DCA strategy for direct sales!2 days ago, they sold 1.18M $MELANIA for 4,230 $SOL($632K) using the DCA strategy.Today, they are selling another 2.01M $MELANIA($938K) through the DCA…pic.twitter.com/FQBUghEogv

#Melania团队不仅会增加或消除流动性销售$ Melania，而且他们还采用了DCA策略来直接销售！2天前，他们使用DCA策略以4,230美元的价格出售了118万美元的Melania，使用DCA策略以4,230美元的价格（$ 632K）使用DCA策略。TODAY.TODAY。

On April 28, just a day before the 1 million pull, the team reportedly sold nearly 938,000 in tokens. That followed another 632,000 in sales just 48 hours earlier. In another context, these moves could be viewed as strategic liquidity management.

4月28日，就在100万拉的前一天，据报道，该团队在代币中售出了近938,000个。仅48小时前，另外632,000个销售额。在另一种情况下，这些举动可以视为战略流动性管理。

However, given the frequency, scale, and stealth with which MELANIA’s sell-offs are executed, they have only served to galvanize fears that this could be a carefully orchestrated slow-motion rug pull.

但是，鉴于梅拉尼亚（Melania）抛售的频率，规模和隐身是执行的，他们只是为了使人们对这可能是精心策划的慢动作地毯的担忧。

Together, these sales put the total sold by the developers since mid-April at an estimated 14.75 million.

这些销售共同使开发商自4月中旬以来的总销售总额估计为1,475万。

Market Sentiment Crumbles

市场情绪崩溃

These liquidity removals come at a time when the meme coin market is already showing signs of fatigue. MELANIA, once touted as a politically charged collectible with viral potential, is now trading at just 0.39. This marks a collapse of over 99% from its peak valuation.

这些流动性去除是在模因硬币市场已经显示出疲劳迹象的时候。梅拉尼亚（Melania）曾经被吹捧为具有病毒潜力的政治收藏品，现在的交易仅为0.39。这标志着其峰值估值超过99％。

Despite occasional rebounds, like the recent 21% uptick after a rumor of a new exchange listing, investor confidence appears to be quickly dwindling. The rapid erosion in market cap, combined with the crypto project’s history of liquidity dumps and lack of transparency, has painted a bleak picture of the token’s future.

尽管偶尔会有篮板，就像最近有21％的新交易所清单之后的21％上升一样，投资者的信心似乎很快就会减少。市值的迅速侵蚀，再加上加密项目的流动性转储历史和缺乏透明度，描绘了令牌未来的黯淡图片。

The situation also highlights a broader trend in the market. Traders are shifting their focus toward tokens backed by real-world utility, such as those operating in the AI and RWA (real-world asset) sectors.

这种情况还突出了市场上更广泛的趋势。交易者将注意力转移到了由现实世界实用程序支持的代币上，例如在AI和RWA（现实世界中的资产）领域运作的代币。

In contrast, MELANIA’s liquidity extractions and lack of developer accountability leave it dangerously exposed to both market abandonment and potential regulatory scrutiny. While some community members are still holding out hope for a turnaround, most crypto observers see the project as a cautionary tale.

相比之下，梅拉尼亚的流动性提取和缺乏开发商问责制，危险地暴露于市场遗弃和潜在的监管审查。尽管一些社区成员仍对周转充满希望，但大多数加密观察家都将该项目视为一个警示性的故事。