Is This a Dump or Just Strategy? — Melania Token Drops to $0.39 After Project Offloads 3M Tokens

The MELANIA project team has sparked a wave of speculation after offloading nearly three million Melania tokens in exchange for thousands of SOL. The transaction, part of a broader liquidity strategy, has raised concerns about the token’s near-term stability. Price dips and a spike in volume followed the move, pointing to increased volatility and trader caution. While some see this as a routine liquidity adjustment, others are questioning whether this signals deeper issues with token distribution and project transparency.

Liquidity Moves and Market Reaction

According to on-chain data, the MELANIA team sold a large block of tokens into the MELANIA/SOL liquidity pool, converting them into SOL. This was the second major sale in three days, part of a series of Melania token transfers from community and liquidity wallets. The project claims the goal is to manage liquidity and stabilize price, but traders saw it differently. The move triggered a noticeable drop in token value and increased short-term volatility.

Such a direct sell-off from internal wallets typically sparks fear of future dumps, especially in lower-cap altcoins. The fact that the team executed these sales through Meteora’s single-sided liquidity structure adds complexity. While this method avoids immediate price slippage, it still injects significant supply into the market.

The sell pressure has already impacted multiple trading pairs, leading to price drops across platforms. With liquidity shifting and market sentiment rattled, traders are now watching wallet movements closely. If more Melania tokens move toward exchange-linked pools, bearish momentum could build. Let’s take a look at the Melania price prediction to see how this will impact the price of Melania.

Melania Price Prediction for April 19, 2025

MELANIA/USDT has been in a persistent downtrend, forming a descending channel before finding support around the 0.39 level. This support zone has held strong and recently triggered a minor bounce, suggesting a potential shift in momentum. The RSI is currently at 52.01, having recovered from multiple oversold signals that coincided with short-term bottoms, indicating growing buying interest. Meanwhile, the MACD has shown a bullish crossover with the histogram turning green, which complements the RSI’s neutral-to-bullish shift. 

Chart 1: Analysed by vallijat007, published on TradingView, April 19, 2025

The price has slightly breached the descending channel to the upside, a sign that bearish pressure may be weakening. However, it remains close to the support zone, and follow-through buying will be needed to confirm any reversal. If the current strength holds, a retest of the resistance near 0.51 could follow, though failure to gain above 0.42 might result in renewed selling pressure. The indicators favor a cautious bullish bias as long as the price holds above the recent support base.

High Risk, High Reward Play

The MELANIA project team’s liquidity moves have rattled the market, but the Melania token now shows tentative signs of stabilization. Traders face a conflicted setup: technicals suggest a bounce, but fundamental risks linger. If the price holds at 0.39–0.42, opportunistic longs could emerge. However, with the team’s wallet activity still in focus, this remains a trader’s market, one requiring strict risk management given the project’s recent transparency questions.

The post Is This a Dump or Just Strategy? — Melania Token Drops to $0.39 After Project Offloads 3M Tokens appeared first on Coinfomania.