Trump concept Meme coin big pump 30%: TRUMP, MELANIA price fluctuations, China-US trade war, CZ pardon and legal lawsuits become market focus.

US President Donald Trump (Donald Trump)'s official Meme coin TRUMP saw its largest rise in months on Monday, with prices soaring by 30%, breaking through the $8 mark. Meanwhile, the MELANIA Meme coin, inspired by First Lady Melania Trump (Melania Trump), also surged over 45%. This price explosion coincides with President Trump’s optimistic remarks on Sino-US trade negotiations. However, legal disputes related to Trump-themed coins are also increasingly emerging, particularly the collective lawsuit regarding the “Liquidity Trap” involving LIBRA and MELANIA tokens, as well as Trump’s defense and pardon for CZ, together forming a complex picture surrounding the Trump encryption ecosystem.

Trump Meme Coin TRUMP Price Soars: US-China Trade Remarks Become the Catalyst

Market data shows that the Meme coin TRUMP (also known as MAGA coin), endorsed by Trump, opened on Monday at around $6.20, reaching a maximum rise of 30% during the day and successfully breaking through $8. As of 3:42 PM Eastern Time, the trading price of this Meme coin is approximately $7.52. Before this rise, the price of TRUMP coin had long been consolidating in the range of $8 to $10 , but earlier this month, after Trump announced retaliatory tariffs on China, the price had once significantly dropped to around $5.40.

The strong rebound in the price of TRUMP occurred just hours after President Trump publicly expressed optimism about reaching a trade agreement with China. On Monday morning, Trump stated, “I have great respect for President Xi, and we will reach an agreement.” This optimistic market expectation has clearly injected a boost into the highly emotional and politically driven Meme coin market.

Driven by this wave, the trading volume of the Solana-based TRUMP Meme coin even exceeded 1 billion dollars on Monday, with a total market capitalization of over 1.5 billion dollars. Among them, the largest centralized cryptocurrency exchange in the world contributed nearly 13% of the TRUMP trading volume.

MELANIA coin synchronously rises 45%: The popularity of the First Lady concept coin remains strong.

Inspired by the popularity of Trump Meme coins, the official Meme coin MELANIA, based on First Lady Melania Trump (Melania Trump), has also achieved an astonishing rise. On Monday, the price of MELANIA coin surged over 45%, nearing $0.15.

However, these meme coins centered around public figures and political themes are facing increasingly strict scrutiny regarding their legitimacy and operational transparency.

Legal Turmoil Escalates: LIBRA and MELANIA Involved in “Liquidity Trap” Lawsuit

Recent news shows that former First Lady Melania Trump and Argentine President Javier Milei have both been named in a new lawsuit targeting LIBRA and MELANIA Meme coins, although only President Milei faces direct legal charges.

The plaintiff submitted a revised lawsuit on Tuesday, accusing Meteora and its co-founder Ben Chow of orchestrating a “Liquidity Trap” scam around LIBRA and MELANIA Meme coins. The lawsuit claims that the defendants exploited real public figures and themes to cloak their token issuance in legitimacy, such as the “First Lady” branding of the MELANIA token and the Argentine “revival” narrative promoted by the LIBRA token.

The plaintiff pointed out that these public figures (including Melania Trump) were merely used as marketing assets to gain credibility and are not actually responsible for the fraud. The actual operations and promotional work are handled by Meteora and Kelsier Ventures of Hayden Davis.

( The common “pump and dump” scheme has been accused.

The lawsuit documents detail the common “pump and dump )” scheme: through rapid hype, driving prices to soar sharply, followed by a quick collapse after the listing.

• MELANIA coin, after being promoted as Melania Trump's “official” Token, rapidly declined amid accusations of insider trading and developer control. Crypto KOL Coffeezilla reported on the disastrous issuance of these two Tokens and questioned Hayden Davis of Kelsier Ventures (also listed as a defendant) during the interview.
• The LIBRA Token was packaged as a grassroots crowdfunding project for small businesses in Argentina, but its price plummeted within hours of its launch. Argentine President Javier Milei ###Javier Milei( briefly promoted LIBRA on his personal X account, but deleted the post after the collapse. Although Argentina's anti-corruption office believes he did not violate public moral rules, he currently faces fraud charges related to the promotional activity.
• The lawsuit describes Ben Chow as “the core figure of the enterprise,” accusing him of convening participants including Ng Ming Yeow, co-founder of Meteora and Jupiter, as well as Hayden, Gideon, and Charles Davis from the Kelsier team. Currently listed as defendants are Benjamin Chow, Meteora, Kelsier Ventures, Hayden Davis, Gideon Davis, and Charles Davis. The lawsuit claims that at least 15 tokens followed the same pattern, focusing on the five tokens LIBRA, MELANIA, ENRON, TRUST, and M3M3.

Chow denied in a post on X in February this year that he or Meteora received LIBRA Token or held insider information, and resigned from his position at Meteora in the same month.

Trump pardons CZ and defends him

In recent news that has garnered significant attention from the encryption community, Trump publicly defended CZ's acts of clemency.

Before the pardon, The Wall Street Journal reported that the DeFi project World Liberty Financial, supported by Trump, intended to acquire shares of the exchange's U.S. subsidiary, but this claim was denied by World Liberty. About a month and a half later, Abu Dhabi investment firm MGX announced it would use World Liberty's USD1 stablecoin to complete a $2 billion deal with Binance.

Trump defended his pardon decision for CZ, stating that the former CEO was subjected to “persecution” by the Biden administration. “Many people stood up for him… many people said he did nothing wrong,” Trump said last week.

Conclusion

The remarkable rise of the Trump-related Meme coins TRUMP and MELANIA in just one day once again highlights the powerful impact of political events and public figures' statements on the cryptocurrency market. Trump's optimistic expectations regarding the China-U.S. trade negotiations directly ignited market sentiment toward these tokens. However, at the same time, the lawsuits surrounding the “Liquidity Trap” of tokens like LIBRA and MELANIA also remind investors of the high risks and lack of regulation in the Meme coin space. Trump's pardon of CZ and his public support for the crypto space further tightly link the former president with the cryptocurrency ecosystem. For crypto investors, understanding these political and legal dynamics is far more important than chasing the short-term big pump of the TRUMP price.