Trump's post causes PEPE coin to soar - market in turmoil!

Trump's post causes PEPE coin to soar - market in turmoil!

On May 30, 2025, a post by Donald Trump on the Truth Social platform caused a stir and a significant increase in the price of the PEPE coin. In the post, Trump posted a picture of the popular Internet meme Pepe the Frog. Shortly after this post, the price of PEPE coin increased by 7.73% to $0.00001493 before later falling back to $0.00001446. This event caused PEPE coin trading volume to exceed $1.66 billion, representing a 46.59% increase in trading volume in 24 hours.

Trading activity around PEPE even exceeded that of Dogecoin, which recorded a trading volume of $1.29 billion, and was seven times higher than that of Shiba Inu. Due to this high activity, the market capitalization of the PEPE coin increased to $6.08 billion. By default, 66% of PEPE holders are in profit, while 25% are in losses and 9% are in a neutral profit zone. It is noteworthy that major wallets carried out transactions worth around $1.25 billion, while a few large accounts controlled almost 75% of the total PEPE supply.

Market analyzes and trends

The support zones for PEPE are between $0.000003 and $0.000011. Interestingly, 94% of holders have held their tokens for more than a month, with 35% holding their tokens for at least a year. However, analysts predict a possible 25.17% decline in PEPE value by June 27, 2025 to $0.00001090. The Fear & Greed Index shows a value of 74, indicating greed in the market, while the price volatility of PEPE coin in the last 30 days was 20.4%.

Another meme coin that has attracted a lot of attention in recent days is TRUMPE, which was launched on the Solana blockchain. This coin combines the character Donald Trump with Pepe the Frog and recorded an extraordinary price increase of 29,731% in 24 hours. TRUMPE was listed on the exchange platform Raydium and quickly gained attention for its price movements and cultural significance.

The launch coincided with renewed speculation on meme coins. Trump's political narratives, particularly regarding tariffs, contributed to the popularity of this coin. The price of TRUMPE reached $0.059755 and the market cap was $9.7 million. $35.7 million in trading volume was reached in the first 24 hours, highlighting the high level of market activity.

Cultural influences and political connections

TRUMPE is part of a broader trend of politically inspired meme coins that is intensifying as the US election cycle deepens. The transactions surrounding the TRUMPE coin include over 385,000 transactions, with almost equal volumes for purchases and sales as well as more than 15,500 unique buyers and 15,000 unique sellers. This shows the market's high activity and interest in this connection between meme culture and political issues.

In summary, the dynamics in the meme coin segment, especially through posts from influential figures such as Donald Trump, can significantly influence market movements and influence both the financial world and the culture of cryptocurrencies. Current trends show how closely meme culture and political statements are linked and the influence they can have on pricing and market activity.

Further details can be found in the reports from The Market Periodical and Bitrue.