$30 Million Vanishes as Melania Plays the AI Card

After ten months of silence, Melania Trump returns with a tweet that says "into the future." Posted on October 1st on X, the tweet shows an AI video of her emerging from the digital void, with the cryptic promise.

Shortly after the post, the token gained 12%, reaching $0.19 before plunging again in the next minute. Behind the polished video, however, lies a growing storm of controversy surrounding $30 million worth of “missing” community tokens and troubling on-chain activity.

Melania Trump’s sudden reappearance took the crypto world by surprise. After months of complete radio silence sparked renewed speculation about her MELANIA project.

But Bubblemaps’ blockchain analytics tell a darker story. Back in April, the project team reportedly transferred $30 million worth of community tokens without explanation. 92% of the total supply remains concentrated in wallets connected to insiders — a figure that raises serious questions about transparency and fairness.

“MELANIA’s team sold over 10 million community tokens and offered no explanation. After 10 months of silence, we only get an AI video?”

From Glamour to Grift: The Rise and Fall of MELANIA

Launched just two days after Donald Trump’s TRUMP memecoin in January, MELANIA initially rocketed to $13.73, fueled by hype around the Trump family’s growing crypto empire. Within days, however, the token crashed — and reports surfaced of coordinated insider trading.

On-chain data showed 24 wallets bought a third of the token supply just two minutes before the public launch. Between April and June, 82 million tokens worth $35 million were quietly sold off across Solana, Arbitrum, and Avalanche — allegedly orchestrated by Hayden Davis, a figure previously linked to the infamous $4 billion LIBRA rug pull.

Crypto has become a defining theme for the Trump dynasty. While Donald Trump continues to cash in on his TRUMP memecoin, his sons are busy with Bitcoin, Ethereum, and NFTs. Barron Trump, just 19, is already a multimillionaire thanks to early crypto investments.

For the Trumps, blockchain isn’t just a buzzword — it’s an extension of their brand and influence. Every token is a political statement, a financial play, and a headline generator rolled into one.

Behind the AI Glitz, the Red Flags Are Hard to Ignore

Melania Trump’s memecoin revival might look like a bold comeback — but in reality, it’s another reminder of how fragile celebrity-driven crypto projects can be. The AI aesthetic may dazzle, but it doesn’t erase a 98% crash or $30 million in missing tokens.

In a market already flooded with hype, MELANIA is a masterclass in how digital glamour can mask questionable practices. And while the Trump name continues to command attention, it’s the blockchain data — not the branding — that tells the real story.