Melania Trump Coin Crashes 39% as Whales Flee Scandal Fallout

Political memecoins face brutal reckoning

The so-called 'First Lady of Crypto' isn't weathering this storm. Melania Trump Coin (MEL) got dumped by big holders after scandal rumors hit—plummeting 39% in a classic 'sell the news' panic.

Whales swim away from sinking ship

Blockchain sleuths spotted massive wallets unloading MEL positions before retail traders could react. Another reminder that in crypto, the 'little guys' always eat the losses.

When the going gets tough, the tough get liquidating

The crash exposes memecoins' fatal flaw: zero utility beyond hype. But hey—at least the whales got their 'freedom liquidity' before the music stopped. Just another day in the casino.

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 valuefrom 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.

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..