Recent investigations reveal a concerning trend involving the MELANIA memecoin, associated with the U.S. First Lady. The team behind MELANIA has engaged in a substantial sell-off of millions of tokens over the last 25 days, doing so without offering any explanations. This lack of transparency has alarmed investors and contributed to a significant drop in the token’s price, which fell by 7.1% in just a 24-hour period. Many are left wondering about the future of this cryptocurrency and what impact it will have on the broader market.