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Melania Trump plugs memecoin amid $10M team selling allegations

US First Lady Melania Trump promoted her MELANIA token in an AI video, but questions linger over $10 million in team token sales and a 98% price collapse.

US First Lady Melania Trump has resumed promoting her Solana-based memecoin, MelaniaMeme (MELANIA), after months of silence, even as the project faces ongoing questions about millions of dollars in unexplained token sales.

In a Thursday X post, Trump returned with an artificial intelligence-generated video promoting the Official MelaniaMeme token as the path “into the future,” tagging the official X account of the memecoin.

However, blockchain analysts were quick to note that the promotion did not address concerns over token sales by team wallets.

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Source: Cointelegraph →