MELANIA Team Removes $1 Million in Tokens, Sparking Selling Rumor

The team behind the MELANIA meme coin has removed a substantial amount of tokens, totaling $1 million, from liquidity pools on the Solana blockchain. This action comes after a series of similar withdrawals by the team, which have raised eyebrows and sparked debate about their intentions. Analysis suggests these withdrawals are followed by sales via decentralized exchange aggregator Jupiter, with proceeds then deposited into MEXC Exchange for potential profit-taking or liquidity management.