Will Melania Token Rebound After Recent Slump?

The meme coin market is currently experiencing a surge, but the Melania token has fallen by around 5% in recent days. Currently trading at $0.40, it’s raising questions about its future trajectory. 6 million tokens were offloaded from eight wallets last week alone, prompting a surge in trading volume to $17.1 million. This is indicative of the growing investor concern regarding the token’s performance.