Melania’s Memecoin MELANIA Plummets 96% Amidst Whale Dumping and Low Engagement

The value of the official Melania meme coin (MELANIA) has experienced a dramatic decline, plummeting over 96% in the past three months. This follows a lackluster response from the market compared to its counterpart, Official Trump (TRUMP), which remains robust with high trading volume and a substantial market cap. The MELANIA token currently holds a significantly lower value of $515 million and a 24-hour average trading volume around $22.77 million, fueling concerns about investor engagement.