Over $30 million in MELANIA meme coins were offloaded from community funds, according to blockchain analytics firm Bubblemaps. The firm flagged that 50 million tokens were moved to a wallet and later distributed to multiple addresses. The findings follow a $2 million sell-off last week and echo a single-sided liquidity tactic Davis used during February’s LIBRA crash. Bubblemaps said no one from the MELANIA team has addressed the token movements or sales. The mem coin's value has dropped over 90% from its peak.
