According to Bubblemaps, Melania is linked to LIBRA, a collapsed Argentine Breast Coin, which collapsed hours after being released. In the midst of these claims, approximately 3 percent of the total supply of Melania will begin to open after February 20. At the beginning of the launch, it should be noted that the Melania team was allocated to a token worth $ 39 million.
The critical day is approaching for Breast Coin for Mellania!
Melania Token was officially released on January 20, only hours before President Donald Trump took office. Meanwhile, he was released early in the weekend before his husband’s Breast Coin took office. According to the Token allocation rules on the official site, 10 %of the tokens allocated to the team behind the official Melania token will begin to open 30 days after the launch date. This 10 %of it accounts for 3 %of the total supply of approximately 30 million breast coins.
According to the Token distribution table, 20 %of the Melania tokens for public distribution, 20 %to the community, 30 %to the Treasury and 30 %to the team progress dedication. For the tokens allocated to the team, the progress payment period will begin one month after the launch date and then follow another lock opening period to be published monthly for 2.25 %per month for the remaining 90 %of the team tokens. The second lock opening period will begin in the second month after the launch and will continue until the 13th month.
Mellania Price Performance and Possible Token-Unlock effect!
Opening of token locks usually indicates an increase in token’s circulatory supply. This can potentially lead to an increase in sales print and price volatility. If the team decides to sell 3 %of the tokens in their hands, the token price may be exposed to downward printing.
During the article, Melania depreciated by 4.3 %last day. The breast CoIN has mostly a tendency to decline since its release. Last week, Melania lost 13.5 %and approximately 14 %in the last two weeks. Although the initial price is $ 13.05, the value of Mellania has fallen by more than 90 %. Token is traded for $ 1.43 during the article.
Price graph for the last 24 hours for Mellania. Source: coingeckoConnection of the Melania team with LIBRA
According to Bubblemaps, Melania was created by the same team that launched the Argentine Breast Mreed Lıbra, the Argentine -based Argentine’s breast money that collapsed hours after being released. The Blockchain Data Analysis Account concluded that 0xcea, a wallet connected to the creator of Melania, has on-Chain traces of the wallet, which also finances the Creator of LIBRA. In this context, “Worse, 0xCEA also cropped LIBRA using multiple side addresses financed via CCTP and made a profit of $ 6 million. This looks like a case of melania, ”he wrote. Bubbleaps claims that the creator of Melania and LIBRA launched token to the market to obtain value, but uses information from inside to steal them.
Kriptokoin.comAs we have reported, LLIBRA broke down on February 15 hours after releasing the breast coin. Token lost $ 4.4 billion in market value. In fact, he pulled the breast coin market with it. Token was introduced by Argentina President Javier Milei as a way to revive the national economy by providing funds for small projects. Unfortunately, On-Chain Analysis showed that 82 %of LIBRA’s token supply was kept in a single cluster and that the insider’s strategic liquidity manipulation has achieved $ 87.4 million in the first three hours and contributed to the recent collapse.
