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MELANIA Token Team Quietly Sells Millions Without Notice
In a shocking revelation, the MELANIA token team has been quietly selling millions of tokens without notice. According to reports, over the past month, the team allegedly sold an astonishing 23.45 million MELANIA tokens using subtle liquidity strategies on Meteora.
The unorthodox strategy involves injecting and withdrawing liquidity gradually through the platform, allowing them to avoid raising alarm bells in the market. This raises serious questions about transparency and accountability within the project’s leadership.
What’s more disturbing is that this development comes as no surprise, given the project’s troubled history. The team has been accused of repeating patterns reminiscent of its predecessor, LIBRA token. In a shocking admission, Hayden Davis, CEO of Kelsier Ventures, revealed he withdrew $2 million from the MELANIA liquidity pool and sent $1 million to an exchange using the same one-way liquidity strategy.
It is crucial for investors to remain vigilant and conduct their own research before making any investment decisions.
Source: https://www.crypto-news-flash.com/melania-token-team-quietly-sells-millions-without-notice/?utm_source=rss&utm_medium=rss&utm_campaign=melania-token-team-quietly-sells-millions-without-notice
