The $MELANIA token project has been making waves over the last month, not only for its branding but also for an extremely well-coordinated liquidity strategy. That has seen over $14 million worth of tokens sold through a combination of community and liquidity allocations. This ongoing operation reflects a calculated and well-managed appearance of liquidity that has been used to raise a significant amount of capital. But it also raises important questions about what sort of appearance of liquidity is being given, what sort of capital is being raised, and how these two operations might affect the project’s price going forward.
The post $14M Worth of $MELANIA Tokens Sold in Ongoing Liquidity Strategy: What It Means for the Market appeared first on The Merkle News.
