In April 2025, the breast coin market was generally increased, while the official Melania breast token value decreased by approximately 5 %.
Mellania Token Fall
According to On-Chain, a total of 6 million Melania Token was sold from eight different wallets last week. During the one -month period, investors displayed approximately 13 million tokens in exchange for 60,304 Solana. These sales led to a 11 %increase in transaction volume and caused them to reach a level of $ 17.1 million.
Melania Token was released in January 2025 and attracted great attention on social media because it was associated with Melania Trump. Although the Token reached the market value of exceeding $ 2 billion in a short time, the market value fell to approximately 221 million dollars with the decrease in time. Inner sales and large -scale market escape
Mellania Token Estimations
When the price graphics are examined, the Melania Token is traded in the 4 -hour graph in the lower Bollinger band. Technical indicators point to the possibility of a jam in the direction of a decrease due to the contraction of the bands. Although the RSI value approaches the extreme sale zone by watching at the level of 36.29, it does not yet signal a strong recovery signal.
In graphic analysis, if the token decreases below $ 0.40 support, the price is focused on the probability of decreasing up to $ 0.35. At the same time, a downward triangular formation since the beginning of April shows that the current sales pressure can be maintained.
The analyzes say that team -related wallets control 92 %of the token supply. This has concerns that internal transactions create a negative perception in the market. The fact that Hayden Davis, whose name is frequently mentioned in the transactions, has been associated with the previous crisis deepens the discussions.
Investors may be useful to follow up -to -date transaction data and technical analysis results when deciding on the future movements of the token. This information may provide significant data in the decision -making process for the entry or exit timing to the market.
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.
