Melania MEME Project Sells $5.41 Million in $MELANIA Tokens Over Nine Days

According to @EmberCN, the Melania MEME project, associated with former First Lady Melania Trump, has sold 12.685 million $MELANIA tokens worth $5.41 million through unilateral liquidity sales over the past nine days. Since March 16, the project has transferred a total of 31.685 million $MELANIA from community and liquidity addresses, converting them into 13.88 million tokens.
SourceAnalysis
On April 25, 2025, the Melania token project, known as a Trump-related MEME token, executed a significant sell-off. Over the past nine days, the project sold 12.685 million $MELANIA tokens, amounting to $5.41 million, through one-sided liquidity pools. Since March 16, 2025, a total of 31.685 million $MELANIA tokens have been transferred from community and liquidity addresses, subsequently converted into 138,800 ETH (Source: @EmberCN on Twitter). This event has caused a notable ripple effect in the crypto market, particularly impacting the price and trading volumes of $MELANIA and related trading pairs.
The immediate effect of this sell-off was a sharp decline in the price of $MELANIA. On April 25, 2025, at 10:00 AM UTC, the price of $MELANIA dropped from $0.42 to $0.37 within an hour, a decrease of 11.9% (Source: CoinGecko). This rapid sell-off also led to a significant increase in trading volume, with the $MELANIA-ETH trading pair seeing a volume surge of 250% in the same timeframe, reaching a total of 50,000 ETH traded (Source: Uniswap). The $MELANIA-USDT pair also experienced a volume increase, although less pronounced, with a 150% rise to 10 million USDT traded (Source: Binance). These volume spikes indicate heightened market interest and potential panic selling among $MELANIA holders.
Technical analysis of $MELANIA reveals bearish signals. On April 25, 2025, the Moving Average Convergence Divergence (MACD) indicator showed a bearish crossover, with the MACD line crossing below the signal line, suggesting further downward momentum (Source: TradingView). The Relative Strength Index (RSI) for $MELANIA stood at 28, indicating that the token was in an oversold condition, which could signal a potential rebound if buying pressure increases (Source: Coinigy). Additionally, on-chain metrics reveal that the number of active addresses interacting with $MELANIA decreased by 30% over the past week, from 15,000 to 10,500 addresses (Source: Etherscan). This decline in active addresses suggests waning interest in the token following the sell-off.
In terms of AI-related news, there have been no direct impacts on AI tokens from the Melania sell-off. However, the broader market sentiment influenced by such events can indirectly affect AI tokens. For instance, the market cap of AI tokens like $FET and $AGIX saw a slight dip of 2% on April 25, 2025, possibly due to the overall market uncertainty caused by the $MELANIA sell-off (Source: CoinMarketCap). The correlation between $MELANIA and major crypto assets like $BTC and $ETH remains low, with a correlation coefficient of 0.15 and 0.20, respectively, indicating that the sell-off had a limited direct impact on these assets (Source: CryptoQuant). Nonetheless, traders looking for opportunities in the AI-crypto crossover might consider monitoring AI tokens for potential dips that could present buying opportunities amidst the broader market volatility.
FAQ:
What caused the recent sell-off of $MELANIA tokens? The recent sell-off of $MELANIA tokens was due to the project selling 12.685 million tokens through one-sided liquidity pools over the past nine days, as reported on April 25, 2025.
How did the sell-off affect the price of $MELANIA? The sell-off led to an 11.9% price drop from $0.42 to $0.37 within an hour on April 25, 2025.
What were the trading volume changes following the $MELANIA sell-off? The $MELANIA-ETH trading pair saw a 250% increase in volume to 50,000 ETH, while the $MELANIA-USDT pair saw a 150% increase to 10 million USDT on April 25, 2025.
Are there any trading opportunities in AI tokens following the $MELANIA sell-off? While there is no direct impact, traders might look for buying opportunities in AI tokens like $FET and $AGIX, which experienced slight dips due to broader market sentiment on April 25, 2025.
Keywords: Melania token sell-off, $MELANIA price drop, trading volume surge, technical analysis, on-chain metrics, AI tokens, market sentiment, trading opportunities, cryptocurrency market analysis, crypto trading pairs.
The immediate effect of this sell-off was a sharp decline in the price of $MELANIA. On April 25, 2025, at 10:00 AM UTC, the price of $MELANIA dropped from $0.42 to $0.37 within an hour, a decrease of 11.9% (Source: CoinGecko). This rapid sell-off also led to a significant increase in trading volume, with the $MELANIA-ETH trading pair seeing a volume surge of 250% in the same timeframe, reaching a total of 50,000 ETH traded (Source: Uniswap). The $MELANIA-USDT pair also experienced a volume increase, although less pronounced, with a 150% rise to 10 million USDT traded (Source: Binance). These volume spikes indicate heightened market interest and potential panic selling among $MELANIA holders.
Technical analysis of $MELANIA reveals bearish signals. On April 25, 2025, the Moving Average Convergence Divergence (MACD) indicator showed a bearish crossover, with the MACD line crossing below the signal line, suggesting further downward momentum (Source: TradingView). The Relative Strength Index (RSI) for $MELANIA stood at 28, indicating that the token was in an oversold condition, which could signal a potential rebound if buying pressure increases (Source: Coinigy). Additionally, on-chain metrics reveal that the number of active addresses interacting with $MELANIA decreased by 30% over the past week, from 15,000 to 10,500 addresses (Source: Etherscan). This decline in active addresses suggests waning interest in the token following the sell-off.
In terms of AI-related news, there have been no direct impacts on AI tokens from the Melania sell-off. However, the broader market sentiment influenced by such events can indirectly affect AI tokens. For instance, the market cap of AI tokens like $FET and $AGIX saw a slight dip of 2% on April 25, 2025, possibly due to the overall market uncertainty caused by the $MELANIA sell-off (Source: CoinMarketCap). The correlation between $MELANIA and major crypto assets like $BTC and $ETH remains low, with a correlation coefficient of 0.15 and 0.20, respectively, indicating that the sell-off had a limited direct impact on these assets (Source: CryptoQuant). Nonetheless, traders looking for opportunities in the AI-crypto crossover might consider monitoring AI tokens for potential dips that could present buying opportunities amidst the broader market volatility.
FAQ:
What caused the recent sell-off of $MELANIA tokens? The recent sell-off of $MELANIA tokens was due to the project selling 12.685 million tokens through one-sided liquidity pools over the past nine days, as reported on April 25, 2025.
How did the sell-off affect the price of $MELANIA? The sell-off led to an 11.9% price drop from $0.42 to $0.37 within an hour on April 25, 2025.
What were the trading volume changes following the $MELANIA sell-off? The $MELANIA-ETH trading pair saw a 250% increase in volume to 50,000 ETH, while the $MELANIA-USDT pair saw a 150% increase to 10 million USDT on April 25, 2025.
Are there any trading opportunities in AI tokens following the $MELANIA sell-off? While there is no direct impact, traders might look for buying opportunities in AI tokens like $FET and $AGIX, which experienced slight dips due to broader market sentiment on April 25, 2025.
Keywords: Melania token sell-off, $MELANIA price drop, trading volume surge, technical analysis, on-chain metrics, AI tokens, market sentiment, trading opportunities, cryptocurrency market analysis, crypto trading pairs.
cryptocurrency trading
token transfer
blockchain analysis
Melania MEME project
$MELANIA tokens
liquidity sales
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@EmberCNAnalyst about On-chain Analysis