Bubblemaps unveils the connections between MELANIA and LIBRA: analysis of transactions and market implications

An analysis conducted by Bubblemaps revealed surprising connections between the MELANIA and LIBRA tokens, suggesting that both cryptocurrencies are managed by the same group. The wallet associated with the creator of MELANIA made a profit of 2.4 million dollars, while a related address cashed out 87 million dollars from LIBRA and earned 6 million dollars through sniping operations. Additionally, starting from February 19 or 20, the gradual unlocking of MELANIA will begin, with the release of 3% of the total in the first month, followed by a monthly release of 2.25% until the thirteenth month.  

The connections between MELANIA and LIBRA: a coordinated operation?

The ecosystem of criptovalute is often characterized by complex dynamics and opaque transactions. The analysis of the transactions highlighted that the creator’s wallet of MELANIA performed a sniping operation on its own token, obtaining a gain of 2.4 million dollars. This strategy, often used to capture tokens at advantageous prices at the time of launch, raises questions about the transparency of the project.

It’s not all: a related address performed a similar maneuver on LIBRA, cashing in 6 million dollars. Even more significant is the fact that the creator of LIBRA withdrew 87 million dollars, reinforcing the hypothesis that both projects are managed by the same entity.  

These operations suggest a strategic coordination between the two tokens, raising doubts about the real decentralization and the interests driving these projects.  

The unblocking of MELANIA: an impact on the market?

Starting from February 19 or 20, the MELANIA team will initiate the token unlocking process, releasing 3% of the total supply in the first month, equivalent to 30 million MELANIA, valued at approximately 39 million dollars.

Subsequently, for the next 12 months, 2.25% of the total supply will be unlocked each month, corresponding to 22.5 million MELANIA. This gradual release process could influence the liquidity and volatility of the token, creating selling pressure as new tokens enter circulation.  

Possible implications for investors  

The information revealed by Bubblemaps raises significant questions for investors. The connection between MELANIA and LIBRA, combined with the sniping operations and the enormous profits obtained by the creators, could indicate a strong centralization of control over the tokens.

Investors should carefully assess the impact of the scheduled unlock, as the introduction of new tokens could increase selling pressure and influence the price of MELANIA. Furthermore, the lack of transparency in the creators’ operations could pose a risk for those seeking a long-term investment.  

Conclusion  

The analysis by Bubblemaps has provided interesting insights into the connections between MELANIA and LIBRA, highlighting operations that suggest centralized control and profit strategies by the creators. With the imminent unlocking of MELANIA tokens, the market could witness significant movements. Investors should remain vigilant, carefully analyzing the dynamics of these projects before making financial decisions.