Smart trader EMp115 just bought 7.13M $VEIL.He previously made $897.9K on $LIBRA and $427.6K on $GRIFFAIN.https://t.co/5tWhy2aLe8 https://t.co/xYoaIFwqrW ...

https://t.co/SojZ6aLox8Lookonchain (@lookonchain):Legendary trader "LeBron" spent 102 $SOL($18.3K) to buy 2.9M $GHOST.LeBron previously made $8.9M on $MELANIA, $4.56M on $LIBRA, $3.2M on $TRUMP, and $1M on $HARRYBOLZ!https://t.co/n3CQXIYCTO https://t.co/82rlcGM5XE ...

Trader Activity - A trader known as "LeBron" invested 102 SOL, equivalent to $18.3 thousand, to acquire 2.9 million GHOST tokens [1] - "LeBron" previously realized significant profits from trading MELANIA ($8.9 million), LIBRA ($4.56 million), TRUMP ($3.2 million), and HARRYBOLZ ($1 million) [1]

https://t.co/SojZ6aLox8Lookonchain (@lookonchain):Legendary trader "LeBron" spent 102 $SOL($18.3K) to buy 2.9M $GHOST.LeBron previously made $8.9M on $MELANIA, $4.56M on $LIBRA, $3.2M on $TRUMP, and $1M on $HARRYBOLZ!https://t.co/n3CQXIYCTO https://t.co/82rlcGM5XE ...

Crypto Scams & Legal Issues - Meteora 创始人被指控运行 $LIBRA 和 $MELANIA 骗局，诉讼已免除 Melania Trump 和 Milei 的责任 [1] Meme Coin Market - 在前 20 名的 Meme 板块中，只有 MemeCore 和 FLOKI 保持上涨 [1] - SLERF 开发者完成传奇般的回归，在 19 个月后退还投资者 1000 万美元 [1]

Legal & Regulatory - A U S class-action lawsuit accuses Meteora founder Benjamin Chow of leading meme coin scams [1] - The lawsuit alleges Melania Trump and Argentine President Javier Milei were used as promotional fronts [1] - Chow allegedly coordinated at least 15 pump-and-dump tokens [1] - A judge has unfrozen $576 million USDC tied to the case [1] Cryptocurrency & Meme Coins - The meme coins involved are named "MELANIA" and "LIBRA" [1] - Kelsier Ventures and the Davis family are also implicated in the alleged scheme [1]

Core Viewpoint - A class action lawsuit has been filed against Meteora and its founder Benjamin Chow, alleging that they orchestrated a fraudulent scheme involving meme coins linked to public figures Melania Trump and Javier Milei, while absolving these figures of direct culpability [1][2]. Group 1: Allegations and Claims - The lawsuit claims that Chow and Meteora used the credibility of real-world figures to legitimize a coordinated liquidity trap, with the MELANIA and LIBRA tokens being central to the allegations [2]. - The MELANIA coin, promoted by Melania Trump, surged in value before crashing 99% as the team behind it sold off tokens [2]. - Similarly, the LIBRA token, endorsed by President Milei, experienced a rapid increase in value followed by a 90% drop, leading to Milei deleting his promotional posts [3]. Group 2: Evidence and Structure of the Alleged Fraud - On-chain analytics revealed a connection between the wallets used for launching the MELANIA and LIBRA tokens, supporting the claims in the class action lawsuit [3]. - The complaint asserts that Chow was the central figure in the fraudulent operation, which was distinct from Meteora's legitimate automated market maker business [3]. - Chow allegedly collaborated with a small group, including co-founder Ng Ming Yeow and the Davis family, to launch and market at least 15 tokens following a similar fraudulent blueprint [4].

Core Insights - First Lady Melania Trump has publicly endorsed her official memecoin, leading to a notable price surge in the token [1][3] - The memecoin has experienced a significant decline in value, dropping over 99% from its peak price of more than $13 [4] - Allegations of team members dumping tokens and a lack of utility have contributed to the token's poor performance [4] Token Performance - Following Melania Trump's recent post, the token's price surged by 17%, rising from approximately $0.17 to nearly $0.20 before settling around $0.18 [3] - The token has been in a downtrend for several months, with a significant drop in hype and interest [4] Team Activity - The project team has been accused of selling $30 million worth of MELANIA tokens from the community fund, which is typically used for ecosystem development [5] - Prior to this, the team reportedly extracted $2 million from the project's liquidity pool, with involvement from cryptocurrency influencer Hayden Davis [6][7] Market Context - The memecoin market has been volatile, with the recent endorsement by Melania Trump being one of the few public engagements since the project's launch [2][3] - The lack of utility and ongoing selling pressure from the team have raised concerns about the project's sustainability [4][5]

Market Trends - $LIBRA 上涨 137% [1] Legal & Financial - 法官裁定解冻团队资产，包括超过 5700 万美元的 USDC [1]

Top 5 Gainers on AscendEX - AscendEX highlights the top 5 gainers of the day, showcasing memecoins with significant percentage increases [1] - $LIBRA experienced the highest gain at +64.47% [1] - $URMOM increased by +25.51% [1] - $SZAR rose by +22.52% [1] - $MAGA gained +21.16% [1] - $STICK increased by +20.90% [1] Trading Opportunities - AscendEX encourages users to trade these memecoins and "catch the next big move" [1] Community Engagement - AscendEX invites users to join their community for "insider updates" [1]