Melania Coin Team Withdraws $1M Liquidity from Meteora Pool

The Melania Meme Coin, based on the Solana blockchain, has sent a spate of panic among investors following its team's withdrawal of more than $1 million (approximately ₹8.3 crore) of liquidity from the Meteora liquidity pool. The move, when it came, is raising serious questions, particularly because the team was already suspected of offloading $1.5 million in tokens a few days ago.

Suspicious Wallet Movement Raises More Questions

According to blockchain analytics firm Arkham, the Melania Coin team withdrew liquidity and created a new wallet address, then sent a large volume of tokens there. Analysts now suspect the team is potentially going to dump tokens through Jupiter, a decentralized exchange aggregator, and then withdraw the earned SOL to centralized exchanges such as MEXC.

Melania Coin Price Falls as Trust Fades

Released as a symbolic virtual currency associated with Melania Trump's identity and philosophy, Melania Coin initially picked up steam, particularly after Trump Coin was in the news. Repeated token sales and liquidity withdrawals, however, have raised serious questions about the credibility and transparency of the coin.

At the time of writing, Melania Coin is priced at $0.4036, with a market capitalization of $221.98 million, based on CoinMarketCap data. The token lost 7.36% over the last 24 hours, coincidentally in step with the recent liquidity shift.

Investors Remain Divided Over Team's Motivation

While some retail investors see the withdrawal as part of a "profit-taking" strategy, others interpret it as a red flag. One user commented, "Taking profits has never bankrupted anyone," but many in the community feel that this lack of communication is hurting the coin's reputation.

Meteora Platform's Integrity at Stake

Meteora, the platform of liquidity utilized, boasts Dynamic AMM Pools, which effectively take care of capital allocation and portfolio diversification. Repeated mass exits by the same project team do create FUD (fear, uncertainty, doubt) among the community, though.

Also Read: Cardano Beats Ethereum in Developer Activity for 2025

No Official Clarification Yet

Regardless of increased pressure, Melania Coin's team has not yet released any official statement regarding the liquidity withdrawal. The silence is only fueling speculations and investor anxiety.

Conclusion

The latest move of the Melania Coin team implies either a forceful plan of profit extraction or an alarming absence of transparency. For retail investors, this is an unmistakable message to be cautious. Until and unless the team comes forward to explain publicly what the motivation for this step is, striking a balance between risk and possible reward is vital.

For more updates on memecoins such as Melania Coin, Shiba Inu, and others, read our Memecoin News Section.