In the past 24 hours, PEPE, a frog memecoin, increased by over 5%, trading at $0.00001451. Its market cap now exceeds $6.1 billion. People in the crypto world are talking excitedly and speculating more after Donald Trump’s cryptic Truth Social post.
Within the days after Trump’s post, the price of Pepe surged more than 8.5%, reaching $0.00001512. It then fell back 5%, restoring its previous price. Besides its price rising, PEPE’s trading volume jumped by 38% to hit $1.64 billion, indicating memo coin enthusiasts and retail investors are still showing interest.
Trump’s Post Sparks Speculation Around Pepe Token
Earlier, it looked like the rise in prices was happening without a clear reason. Nonetheless, expertsnameTrump as the main cause for the boost, thanks to a graphic that saw him easing through town with the words, “God has put him on a mission and nothing will get in his way.” The image got lots of attention online, until someone noted a tiny, interesting detail a frog standing upright on the left of the scene.
Most crypto-savvy people see the frog as a Pepe meme, since that meme is behind the token. Many online people started talking about this subtle allusion. Did the team design the dog to tap into the world of memecoins? Is Pepe quietly endorsed by Donald Trump? Could it all just have happened coincidentally?
In any case, the market responded just as quickly. Pepe’s X (Twitter) account shared that same message President Trump posted: “Nothing can stop what is coming.” The post added more excitement and speculation, putting PEPE back on many people’s minds.
Since we don’t have any official confirmation, all the chatter across social media seems to have been sparked by the timing and parallels between the two. In particular, Crypto Twitter has received an overflow of screen captures, close-up shots, guesses about the market and confident price predictions.
Even though memecoin rallies following cultural news are familiar, Pepe’s quick rise last week highlights how quickly market trends can shift when politics and viral trends meet cryptocurrency. How long the recent interest will last is anyone’s guess, yet for now, excitement from memes has overtaken talks about crypto.
