The team behind the official Melania Meme (Melania) token has sold over $ 1.5 million of tokens over the past three days, suggesting a programmatic sales approach that can add downside pressure to the token.
The team behind Melania Memecoin sold another $ 930,000 worth of tokens on April 28, two days after selling $ 630,000, according to Blockchain data.
Sale patterns point to Dollar-Cost Averaging (DCA)an investment strategy used to buy or sell a predetermined amount of an asset in fixed hours, According to In the crypto intelligence platform lookonchain. That it reflected the activity in a post on April 28th on X, writing:
“The #Melania team not only added or removed liquidity to sell $ melania, they also work a DCA strategy for direct sales!”
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The DCA strategy involves investing a certain amount of funds in a possession of regular intervals, which investors often use to manage emotional decisions.
Despite the sale of the team, Melania presented more than 21% recovery over the past seven days, but remained around 96% below it All times high $ 13.7 recorded on January 20 – The date of President Donald Trump’s inauguration – according to CoinMarketCap Data.
Meanwhile, some big investors will bet on the official decline of Trump (Trump) Memecoin.
A newly created whale wallet deposited $ 1.33 million worth of USDC (USDC) Stablecoins to open a short position with 2x action at $ 14.7. Short is liquid if Trump’s token price rises above $ 21.50, According to to look at.
Related: Bitcoin is still on track of $ 1.8m in 2035, says Analyst
Memecoins are the second largest crypto sector in Q1
Memecoins are the second lowest-dominant cryptocurrency investment narrative in the first quarter of 2025, reflecting that the market is still recycling old narratives.
Memecoins acquired nearly 27% of global investor Mindshare, while Artificial intelligence Tokens are held more than 35%, According to In a quarterly Coingecko research report.
“It seems we have never seen another new narrative that has emerged and we are still following past quarters trends,” said Bobby Ong, co-founder co-founder and chief operating officer of Coingecko, on an April 17 x x Post.
However, the launch of the Trump token and performance failure may marked the Finishing of Memecoin Supercycle.
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