
Title: $MELANIA Team Offloads Over $14 Million in Tokens via Liquidity Strategy, Raising Community Concerns
The $MELANIA team has taken an unprecedented step by secretly offloading a staggering 23.45 million tokens, worth approximately $14.75 million, from liquidity and community wallets over the past 30 days. This substantial sell-side pressure has raised concerns among investors and community members, who are questioning the true intentions behind this move.
According to on-chain records, the team has been consistently injecting liquidity into accounts holding a cumulative total of 110,000 SOL. These transactions have not been publicly disclosed, leaving many wondering what exactly is happening with the funds. As a result, speculation has taken over as users debate whether this could be a strategic move to build a treasury or a sign that the team is planning an exit strategy.
Market Impact: The liquidity injections have yet to significantly impact the token’s price, which can be attributed to the well-planned and controlled manner in which they are being executed. By spreading sales across liquidity bands, the $MELANIA team has managed to avoid causing any significant on-chain price movements in the short term.
Community Reactions: While some community members see this move as a deliberate treasury strategy aimed at building reserves for future development or marketing efforts, others view it as an act of betrayal against early supporters. They believe that the team should have been transparent about their intentions and the accumulation of SOL funds.
The lack of official statements from the $MELANIA project has only fueled speculation. Critics argue that if this is indeed part of a strategic roadmap, the team should be clear with the community regarding their plans for the accumulated assets. Some experts have even drawn parallels with other projects that employed similar techniques before eventually shutting down.
The uncertainty surrounding these developments has left traders and holders in limbo, questioning motives and anxiously awaiting clarification on the project’s long-term ecosystem plan.
Source: https://nulltx.com/melania-team-offloads-over-14-million-in-tokens-via-liquidity-strategy-raising-community-concerns/