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Melania Meme Token Team Quietly Sells $1.5M—Is More Selling Coming Soon?
Melania Meme Token Team Quietly Sells $1.5M—Is More Selling Coming Soon?
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The team behind the Melania Meme token (MELANIA) has discreetly offloaded over $1.5 million worth of tokens in recent days. Rather than executing a single large transaction, they employed a Dollar-Cost Averaging (DCA) strategy, selling smaller amounts at regular intervals. This method has sparked speculation about potential further sales.
Blockchain tracker Lookonchain reports the team avoided direct liquidity adjustments, opting instead for measured, incremental sales. The DCA approach suggests a calculated exit strategy, leaving the market to ponder whether additional sell pressure looms.
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