The team has already sold over $1 million in tokens within three days. Whales have opened large short positions on other meme-themed political coins, such as TRUMP. World Liberty Financial, backed by Trump, has signed an important partnership with Pakistan’s Crypto Council in order to encourage blockchain adoption. In the US, Trump has proposed to eliminate federal income tax by using tariffs as a funding source for the government.
Melania Team Deploys DCA Strategy
Over the last three days, the team behind Official Melania (MELANIA), a token that represents the official Melania meme (MELANIA), sold tokens worth more than $1.55 million. The team behind the Official Melania Meme (MELANIA) token sold more than $1.5 million worth of tokens over the past three days.
The team has sold MELANIA tokens worth $930,000 on April 28, following a sale of $630,000 two days prior. Lookonchain (a blockchain intelligence company) believes that the sales pattern suggests dollar cost averaging strategy. Assets are being sold regularly to reduce trading emotions and manage market impact. Lookonchain noted that Melania’s team didn’t just add or remove liquidity, but also used DCA to make direct sales.
MELANIA has recovered more than 21 percent in the last seven days despite the heavy selling by the team. It is still 96% lower than its record high price of $13.7 which was set on January 20. It was also the day of Donald Trump’s inaugural address.
MELANIA’s historical price movement ( CoinMarketCap )
Similarly, the sentiment surrounding other memes with a political theme is very negative. Recently, a newly-created whale wallet deposited USDC worth $1.33 Million to take a short on Official Trump (TRUMP), at the price of $14.70. This was done using 2x leverage. The short position is liquidated when TRUMP’s value rises over $21,50. The whale was confident in the price of the token falling.
In the crypto sector, there is still a significant market for meme coins. In the first quarter 2025, the meme coin market represented 27% of the global investor’s mindshare. This makes them the second-most popular theme for investment after AI tokens. According to CoinGecko, AI tokens accounted for over 35%.
Nevertheless, there are some indications that suggest the narrative of meme coins may be losing steam. Launch of TRUMP token, and subsequent disappointing performance, coincided with major drop in usage on Pump.fun’s meme coin launch platform. Weekly activity dropped from 2,85 million wallets active during week of January 20th to only 1,44 million at the end of march.
Bobby Ong is the co-founder of CoinGecko. According to him, there are no major narratives that have emerged yet. The market appears to be following past trends.
World Liberty Financial expands in Pakistan’s Crypto Market
A second Trump project has also taken some major steps recently. Donald Trump’s World Liberty Financial, backed by the Pakistan Crypto Council, signed a Letter Of Intent to increase crypto adoption on one of the fastest growing digital asset markets in the world.
Business Recorder reported on April 27, that the partnership would focus on the launch of regulatory sandboxes for testing blockchain products, expanding the use cases of stablecoins in remittances, trade and exploring the real-world tokenization. It will also support the growth and development decentralized finance initiatives. The World Liberty co-founders Zach Witkoff and Zak Folkman signed the deal in a meeting held with Council CEO Bilal Bin Saqib. Other Pakistani government officials, including the Governor of the Central Bank, Finance Minister, and IT Secretary, were also present.
World Liberty Financial, a company launched by Donald Trump’s family last year and which shares profits with them, was founded with their support. Pakistan Crypto Council, a government-supported organization that oversees regulatory initiatives to promote crypto innovation and encourage foreign investment. Pakistan is ranked ninth in the world for crypto adoption. According to Chainalysis, there are 25 million users active and $300 billion worth of transactions per year.
( Chainalysis)
Muhammad Aurangzeb, Pakistan’s Finance Minister, explained that Pakistan has a young population with a high level of tech-savvy. Around 60% are under 30 years old. This is proving to be incredibly valuable in driving global leadership and innovation in the blockchain industry. Pakistan’s recent engagement with industry leaders, such as former Binance CEO Changpeng Zhao who has been appointed to advise the Pakistan Crypto Council on regulatory and innovation strategies, is a testament to its push towards a more open cryptocurrency environment.
Pakistan’s Federal Investigation Agency, in addition to partnerships with the private sector, recently proposed a crypto-regulatory framework. This will aim at balancing innovations and national security concerns. This proposed framework will be implemented in phases beginning in 2026.
The country’s approach to cryptocurrencies is a stark contrast from its position when Aisha Ghaus Paha, the former Finance Minister of Pakistan in 2023 said that Pakistan will never be able to legalize cryptocurrency due regulatory and security issues.
Trump pushes tariff-funded government model
Donald Trump, the president of the United States announced recently that income tax rates will “substantially reduce” or even be eliminated when his administration implements its new tariff system. Trump said in an April 27 Truth Social post that those earning under $200,000 annually will benefit most from the tax cut proposals.
(Truth-Social )
The “External Revenue Service”, which will fund the federal governments exclusively via tariffs and not through the Internal Revenue Service (IRS), is also beginning to shape up.
A reduction in federal income taxes could be a catalyst to increase investment, and this could include cryptocurrencies. An increased disposable income would encourage more investments. Analysts warn that the stimulative effects are not certain and depend on economic conditions.
Trump had floated this idea before during an October 2024 appearance on The Joe Rogan Experience, although he provided very little detail at that time. This proposal is based on the Gilded Age of the US, when tariffs were a major source of funding for the US Government. It’s still ambitious.
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Dancing Numbers, a company that automates accounting, conducted a study in which they estimated the plan of Trump could save an average American $134.809 over their lifetimes. The savings would rise to $325.561 with other wage-based tax eliminations. Trump’s tariff policy has been met with skepticism.
He signed an executive directive on April 2 imposing sweeping tariffs against all US trading partners. The order established a baseline of 10% with reciprocal additional rates for countries taxing US imports. Since the executive order was issued, however, the administration has repeatedly changed its position by changing tariff rates and delaying the implementation date.
The lack of consistency in US markets has contributed to the increased volatility. Financial analysts criticised the protectionist strategy, arguing that it undercuts the capital markets and offers few tangible benefits.
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