MELANIA loses 90% after 8% supply dump – Is recovery still possible?

• The Melania team threw over 8% of the total token offer in four months.
• The sales pressure got rid of more than 90% of the token value, without signs of recovery.

Since January, Official Meme Meme [MELANIA] He was in a free fall without relief in sight. Over the past five months, over 90% have been rolling and dropped from more than $ 0.2.

Since May MEMECOIN has fallen by 60%and hit a new minimum, but a sharp decline stabilized nearly $ 0.20.

The main factor of sale seems to be a heavy token of storage of the project team.

SPree team Melania Temping

During the last four months he has a project team supposedly More than 80 million melania tokens sold, which corresponds to approximately 8.12% of the total offer.

This added up to more than $ 35 million from memecoin liquidity.

Yet the team dominated the big stash memecoin. Especially the top 10 holders manage almost 90% of the total offer (893 million chips), which further exposes the late buyers to the 201 project’s team events.

In addition to April and early May, memecoin did not like strong reflection or buying pressure, despite strong relief reliefs at the beginning of Q2.

In the same period, the volume of dexes trading fell from nearly $ 12 million to less than $ 2 million – a 83% decline that emphasizes the decaying market interest in memecoin.

The lack of interest was not surprising due to the team’s action and the accusation coped against Trump’s family cryptose.

According to some Democrats LegislatorsTrump reportedly earned over $ 450 million from Trump and Melania MEMECOINS.

This means that the 7 -day liquidation thermal map Coinglass showed that the price of MEMECOIN printing is rotating over $ 0.2 in the near future.

At the time of printing, the map indicated a group of liquidity and magnetic zones to 0.19-0.204 $ on the bottom of the price action.

On the top of the price action, another liquidity fund was placed between 0.222 and $ 0.228. This meant potential price fluctuations on both sides during controlled liquidity movements.

In conclusion, Melania has been bleeding almost zero since her debut, because the team consists of a non-stop holder.