The Official Melania Meme (MELANIA) token team has recently sold over $1.5 million worth of tokens in the past three days, indicating a programmatic selling approach that could impact the token’s value. Data from blockchain shows that the team sold an additional $930,000 on April 28, following a $630,000 sell-off. The selling strategy appears to involve dollar-cost averaging (DCA), a method where a predetermined amount of assets is bought or sold at fixed intervals, as reported by Lookonchain. Despite this selling activity, MELANIA has seen a 21% price recovery over the last week but remains significantly down from its all-time high of $13.7 on Jan. 20. In contrast, a new whale wallet has opened a short position on the Official Trump (TRUMP) memecoin with $1.33 million in USDC stablecoins, anticipating a price decline. Memecoins were a prominent sector in the cryptocurrency market in Q1 2025, capturing 27% of investor attention globally. Artificial intelligence tokens held over 35% of the market share, indicating a recycling of old narratives in the market. The launch of the TRUMP token and its underperformance may signal the end of the memecoin supercycle, as usage activity on memecoin launchpad Pump.fun declined significantly. This trend has led to a decrease in active wallets from 2.85 million to 1.44 million by the end of March. For more insights and updates, visit our website for the latest news in the cryptocurrency market.