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Melania Memecoin Sells $1.5M Tokens as Price Surges 21%
Melania Memecoin Sells $1.5M Tokens as Price Surges 21%
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The team behind Melania Memecoin has offloaded more than $1.5 million worth of tokens over the past three days, capitalizing on a 21% price surge. The move highlights the volatile nature of meme-driven assets, where rapid gains often prompt early investors to take profits.
While the token isn’t listed among major exchanges, the sell-off underscores the speculative fervor surrounding niche cryptocurrencies. Such actions typically trigger heightened scrutiny from retail traders monitoring insider movements.
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