Melania Trump Memecoin Crashes as Team Secretly Cashes Out $30M 💸

The Melania memecoin is facing intense scrutiny after blockchain analytics firm Bubblemaps reported that team members quietly siphoned $30 million from the community fund. MELANIA is now trading over 90% below its peak, with insiders dumping tokens and manipulating liquidity. Bubblemaps recently reported a $2 million withdrawal from MELANIA’s liquidity pools, attributing $1 million in exchange transfers to Hayden Davis. The software company suggested Davis exploited a recent lull in attention to discreetly transfer funds. Bubblemaps warned that recent MELANIA token sales are alarming due to team-linked wallets controlling over 90% of the supply.