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Coin Edition 2025-05-04 09:23:00

TRUMP and MELANIA Meme Coins See Massive Selloffs: What Could This Mean?

TRUMP and MELANIA Meme Coins See Massive Selloffs: What Could This Mean?

Two crypto whales embark on a massive TRUMP selloff despite losses. Melania Trump prefers SOL over MELANIA, the meme coin named after her. Massive TRUMP and MELANIA selloffs put meme coin investors on their toes. Crypto whales are dumping TRUMP, the meme coin associated with the President of the United States of America. Following the latest developments, the Lookonchain crypto analysis platform spotted multiple transactions involving massive selloffs of the famous crypto asset. Lookonchain’s latest post on X showed that two whales lost $2.34 million after selling 765,128 TRUMP worth $8.58 million. The first whale gained $196,000 from TRUMP purchases before selling 337,560 TRUMP for $3.81 million early Sunday morning, losing $1.38 million. Likewise, a second whale who profited $732,000 after buying TRUMP sold 427,568 units of the meme coin for $4.77 million, losing $961,000. Related: Will $TRUMP Reclaim $14 or Slip Below $12? May Setup Tests Key Support Levels Summarizing the transactions shows the market wiped out all the whales’ previous gains besides extra losses of about $1.42 million. It highlights the meme coin’s declining fortunes af… The post TRUMP and MELANIA Meme Coins See Massive Selloffs: What Could This Mean? appeared first on Coin Edition .

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