Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Melania and Trump's tokens plummet, retail investors lose $4.3 billion
Melania and Trump’s official cryptocurrencies have experienced a dramatic price plunge, severely impacting retail investors. According to an investigation by blockchain analysis firm NS3.AI, this incident is not just a natural market fluctuation but is driven by organized asset liquidation by insiders.
Melania Token 99% Crash, $4.3 Billion Investor Losses
Melania Token (MELANIA) has plummeted by 99%, while TRUMP Token also experienced a 92% crash. The successive selling pressure on these two tokens has resulted in total losses of $4.3 billion for retail investors. Looking at the current 24-hour decline rates, MELANIA is down 7.06% and TRUMP is down 4.73%, indicating ongoing selling pressure.
Insider-Driven Organized Asset Liquidation Mechanism
At the core of this massive crash is systematic profit-taking by insiders. NS3.AI’s analysis reveals that insiders utilized unilateral liquidity provision through decentralized pools to systematically liquidate their holdings. As a result, insiders managed to realize enormous profits of $1.2 billion. This method demonstrates a sophisticated strategy that minimizes impact on the general investor while allowing large holders to efficiently dispose of assets.
2028 Unlocking Poses New Risks, Concerns Over an Additional $2.7 Billion Release
An additional concern is the insiders’ tokens scheduled to unlock in 2028. The planned amount reaches $2.7 billion, and once the lock-up period expires, their release into the market could cause further losses for both Melania and Trump token holders. If the current downward trend continues, this future increase in token supply could add new selling pressure to the market, posing an even greater risk to retail investors.