Donald Trump’s wife Melania Trump attributed to the official Memecoin project Melana96 percent of its value in the last three months, has officially melted. Altcoin caught a remarkable output in the same period Official Trump (Trump) did not see the expected interest from investors compared to Memecoin. Trump Coin’s fully diluted value (FDV) manages to remain over $ 1 billion, while Mellania’s FDV is constantly falling. When the article was written, Melania’s FDV is about $ 515 million and the 24 -hour average transaction volume is only around 22.77 million dollars.
Whales continue to sell
Melania coinDespite the short -term interest in the launch process, he showed a serious inadequacy in the long -term community support. In -chain data reveal that early investors have largest their coins in recent months. This sales pressure is already weak rising hopes further suppresses.
According to the analyzes provided by Lookonchain, the Melania team points out that not only individual investors, but also the wallet addresses at the center of the project. In the last 25 days, the Melania team has disposed of a total of 6,72 million coins in exchange for 34 thousand 168 solana (left).
In addition, in this process, eight different wallet addresses of liquidity adding and pulling processes were performed. This has seriously damaged investors’ confidence in Altcoin.
Technical data indicates a temporary recovery
The crypto currency market began to give some positive signal after the Trump administration suspended mutual customs tariffs with other countries except China for 90 days. Trump’s “better day soon” sharing on Truthsocial is both the stock and crypto currency It was an optimistic atmosphere among the investors.
Following these developments, Melania Coin began to give recovery signals in short -term technical analysis. In the hourly graph, the opposite shoulder head shoulder formation attracts attention, while the positive mismatch in the relative power index (RSI) also points to a potential turn.
In order to confirm the short -term rise scenario in Altcoin Melania priceThe logarithmic resistance, which represents the fall trend, must be permanently coming out. Otherwise, the rise signals may only remain as a temporary illusion.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
