MELANIA Token Pumps on Trump Dinner Buzz—While Insiders Dump $18M

Politics meets crypto yet again as MELANIA token surges on rumors of a Donald Trump endorsement dinner. Meanwhile, whales are cashing out—$18 million in sell-offs hit the books. Classic crypto: hype moves markets faster than fundamentals.

Pump-and-dump or political play? The token’s 24-hour chart looks like a campaign promise—volatile and full of empty promises. Smart money’s already exiting stage left, but retail FOMO keeps the party alive. Just another day in the meme coin casino.

MELANIA surges despite continued sales

Interestingly, MELANIA has seen its value increase significantly over the last 24 hours despite the sell-offs. According to CoinMarketCap, the token gained more than 15% today, going from $0.4536 to $0.5365.

Although the price has since dropped to $0.5217, it is still up almost 30% in the last seven days. However, its current price is below the average sale price of $0.581 for the tokens sold by the team so far.

The surge in MELANIA value is mostly due to the announcement that President Donald Trump would have a dinner with the top 220 holders of the TRUMP memecoin. The news of the exclusive dinner caused the TRUMP token to witness a massive surge in value, and MELANIA also benefited from it.

Interestingly, the general crypto market has also enjoyed a positive turn over the period, with Bitcoin once again hitting $95,000, while Ether breached $1,800 for the first time since April 6. Other major altcoins, including Solana, Sui, Link, and BNB, have also seen gains.

MELANIA unlikely to return to previous highs

However, the recent gains only mask what has been a sizable drop in the value of MELANIA tokens. Despite these gains, the token is still trading far below its peak value, which means that several holders are likely in the red.

According to Coingecko, MELANIA peaked at $13.05, which means it is down 96% at its current price. The likelihood of returning to that level is relatively slim, especially as interest in memecoins continues to fade.

Its counterpart, TRUMP, is also not doing any better. After its gains today, it is still 81% below its all-time high of $73.43, showing that the increased interest that contributed to its $2.29 billion 24-hour trading volume is not enough to sustain its upward momentum.

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