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The post Melania Trump Touts Memecoin, Silent On $10M Team Sales appeared com. 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. Just post an AI video after 10 months of silence, blockchain data visualization platform Bubblemaps said in a Thursday X post. On April 7, the team behind the MELANIA token moved $30 million worth of community funds that were quietly sold, with no explanation from the team, according to blockchain data shared by Bubblemaps. 5 million worth of tokens in the three days leading up to April 28, following a 21% price increase during the previous week. The selling patterns pointed to dollar-cost averaging (DCA), an investment strategy used to buy or sell a predetermined amount of an asset at fixed times, according to crypto intelligence platform Lookonchain. Cointelegraph has reached out to the offices of President Donald Trump and the first lady for comment. Related: Milei-endorsed Libra token was open secret in memecoin circles Jupiter Melania token down 98% from all-time high The MELANIA token has lost nearly all of its value since launching in January. The coin traded at $0. 18 at the time of writing, down more than 90% from launch and 98%. Continue reading Melania Trump Touts Memecoin, Silent On $10M Team Sales→