- Trump’s post causes major spike in PEPE trading volumes.
- Ripple effect witnessed in memecoin markets.
- Memecoin prices surge with fluctuating retail interest.
Donald Trump’s Truth Social post featuring PEPE led to significant increases in the memecoin’s price and trading volume in late May 2025.
The event underscores the influence of social media on crypto markets and raises questions about the sustainability of such rallies driven by online narratives.
46.59% Spike in PEPE Volume After Trump Post
Former U.S. President Donald Trump posted an image of PEPE on Truth Social, triggering a surge in the coin’s price and volume. This event showed a direct correlation between Trump’s social influence and memecoin market activity.
The image resulted in a 46.59% volume spike within a day, with PEPE temporarily reaching $0.00001493. The coin’s market cap peaked at $6.08 billion, emphasizing the potency of celebrity endorsements in crypto. As Trump noted,
“A posted image with $PEPE ignited a surge in volume and price.”
This reflects the immediate impact such influences can have.
PEPE Trades Outpace Dogecoin and Shiba Inu
The immediate effect on traders was substantial, with PEPE’s trading volume outpacing giants like Dogecoin and Shiba Inu. This surge highlighted the volatile nature of meme coins and their susceptibility to celebrity influence.
Long-term implications remain uncertain, with no signs of institutional backing. The market reaction was predominantly retailer-driven, with 66% of holders seeing profits amidst high short-term trading activity. For more on the implications of social media on crypto, this press release highlights political concerns related to Trump’s influence in the crypto sector.
Memecoin Surges Driven by Influencer Buzz
PEPE’s rally mirrors past surges in Dogecoin and Shiba Inu, driven by social media and influencer buzz. These phenomena have historically resulted in temporary spikes without lasting fundamental changes.
Analysts predict similar rallies in the future, contingent on market narratives. Data suggests that, while immediate holders gain, the speculative nature of these rallies poses risks to uninformed investors. For those looking to get involved, understanding how to trade crypto can be invaluable in navigating these volatile markets.
| Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |
