Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
U.S.-China Trade Ceasefire Drives Trump’s Meme Coin to $1.67 Billion Valuation

U.S.-China Trade Ceasefire Drives Trump’s Meme Coin to $1.67 Billion Valuation

Bitget-RWA2025/10/29 21:54
By:Bitget-RWA

- Trump's Solana-based TRUMP token surged 46% to $1.67B market cap amid U.S.-China trade easing, per Coinotag. - Bitcoin and Solana rose 1.8%-3.7% as tariff uncertainty declines, with analysts linking TRUMP's rally to political sentiment shifts. - Legal risks persist for Trump-linked tokens, including a $100M scam lawsuit against Meteora's Melania/Milei-linked coins. - U.S.-China trade framework delays Trump's 100% tariffs, boosting risk-on assets while TRUMP remains 88.6% below its $73.43 peak.

The Solana-based coin associated with President Trump,

currency , has soared by 46% in the last seven days, pushing its market capitalization to $1.67 billion. This surge comes as the easing of trade tensions between the U.S. and China sparked a wave of optimism throughout the cryptocurrency sector, according to a report from Coinotag
. The token’s recovery follows a period of turbulence linked to Trump’s tariff threats, which had previously triggered a record $19 billion in liquidations in mid-October. Recent positive developments, such as a trade framework agreement between the U.S. and China and a separate accord with South Korea, have eased concerns about a potential trade war, boosting risk appetite and lifting the broader crypto market, Coinotag reported
.

The TRUMP token’s rally is part of a wider upswing in the crypto market.

climbed 1.8% to $68,500, while and advanced by 3.6% and 3.7%, respectively. Experts attribute the gains to a reduction in uncertainty surrounding tariffs and global tensions. "Given TRUMP’s central role in the president’s ‘PolitiFi’ narrative, it’s expected that the token would rebound after sustained downward pressure," commented Jasper De Maere, a strategist at Wintermute. The token’s price action has closely tracked shifts in Trump’s public approval, as shown by prediction market data.

U.S.-China Trade Ceasefire Drives Trump’s Meme Coin to $1.67 Billion Valuation image 0

This relief rally follows a turbulent period for crypto projects linked to Trump. A new lawsuit claims that Meteora co-founder Benjamin Chow masterminded a $100 million fraud involving tokens connected to public figures such as Melania Trump and Argentina’s President Javier Milei, according to CryptoPotato

. The MELANIA and LIBRA meme coins, promoted by Trump and Milei, were among 15 tokens accused of price manipulation through artificial scarcity and paid marketing. Blockchain analysis firms have since traced profits to insider wallets, complicating Meteora’s efforts to distance itself from the controversy.

Ongoing trade talks between the U.S. and China, which postponed Trump’s proposed 100% tariffs on Chinese goods, have become a key focus for crypto traders. Treasury Secretary Scott Bessent called the agreement "significant," highlighting that it avoids "symbolic" blacklisting and paves the way for discussions on rare earth minerals, according to a VT Markets live update

. The deal, expected to be finalized during Trump’s meeting with Xi Jinping in South Korea, has already fueled optimism in trade-sensitive sectors like industrial ETFs and soybean contracts.

Trump’s involvement in crypto has seen remarkable growth this year. Benzinga, citing Reuters, reported that the Trump Organization generated $802 million from crypto ventures in the first half of 2025, surpassing its traditional business income

. , a company tied to Trump, distributed 8.4 million tokens to early adopters, while Trump Media’s new prediction platform, Truth Predict, seeks to capitalize on social media speculation. These initiatives have made the TRUMP token a key indicator of both political sentiment and broader economic trends.

Despite recent gains, the TRUMP token is still down 88.6% from its record high of $73.43. Analysts warn that increased regulatory attention and geopolitical uncertainties could bring renewed volatility. Nevertheless, technical analysis points to ongoing bullish momentum, with major resistance at $7.00 and $8.00, as reported by Crypto.news

. As trade agreements become more concrete and Trump-related crypto projects expand, the PolitiFi sector’s responsiveness to global events is expected to remain a defining characteristic.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Cardano News Today: Cardano's Vital $0.67 Level May Spark a Surge Toward $1.70

- Cardano (ADA) near $0.65 forms a symmetrical triangle pattern, with analysts predicting a potential $1.70 rally if it breaks above $0.80 support. - Integration of AI-driven x402 protocol enhances ADA's interoperability and scalability, positioning it as a leader in AI-blockchain convergence. - Binance data shows growing bullish sentiment, with long/short ratio exceeding 3.0 and top traders increasing ADA long positions. - Maintaining $0.67 support is critical; failure risks a decline to $0.49, but $24.5B

Bitget-RWA2025/10/31 20:34
Cardano News Today: Cardano's Vital $0.67 Level May Spark a Surge Toward $1.70

Trending news

More

Crypto prices

More
Bitcoin
Bitcoin
BTC
$109,566.52
+2.42%
Ethereum
Ethereum
ETH
$3,881.6
+4.51%
Tether USDt
Tether USDt
USDT
$0.9995
-0.08%
XRP
XRP
XRP
$2.53
+5.13%
BNB
BNB
BNB
$1,088.39
+3.09%
Solana
Solana
SOL
$188.22
+4.55%
USDC
USDC
USDC
$0.9998
-0.03%
Dogecoin
Dogecoin
DOGE
$0.1867
+4.98%
TRON
TRON
TRX
$0.2962
+2.45%
Cardano
Cardano
ADA
$0.6102
+3.15%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now