MELANIA (Official Melania Meme) rose 4.63% in 24 hours

Gate News Bot news, July 3, according to CoinMarketCap, as of the time of this report, MELANIA (Official Melania Meme) is currently priced at $0.21, up 4.63% in the last 24 hours, with a high of $0.22 and a low of $0.18. The current market capitalization is approximately $171 million, an increase of about $7.56 million compared to yesterday.

Important news about MELANIA recently:

1️⃣ The team unlocks a large number of tokens The MELANIA project team has today unlocked 25 million MELANIA tokens from the locked contract, worth approximately 5.23 million USD. This action may have an impact on market liquidity, and investors should closely monitor the subsequent flow of tokens.

2️⃣ The team holds a large amount of tokens Currently, the MELANIA team holds 125 million circulating MELANIA tokens in the Treasury address, with a total value of approximately $26.07 million. Such a large concentration of tokens may raise market concerns about future token distribution and circulation.

3️⃣ Short-term price fluctuations are obvious In the past 24 hours, the price of MELANIA has experienced significant fluctuations, with a difference of 0.04 USD between the highest and lowest points. This volatility reflects the market's high sensitivity to the MELANIA project, which may be related to the recent token operations by the team.

From a technical perspective, although the current price of MELANIA has risen, it is still within the recent fluctuation range. Investors should pay attention to whether it can break through the resistance level of $0.22 and the changes in trading volume, as this may indicate the future price trend.

This message should not be considered as investment advice, and investors should be aware of market volatility risks.