Trump’s Post Spurs Memecoin PEPE’s Market Surge – Coincu

Key Points:

  • Donald Trump’s Truth Social post featuring Pepe spurred PEPE memecoin price rise.
  • PEPE price rose 5.59% within 24 hours.
  • Market cap touched $6.1 billion post-surge.

On May 29, 2025, former U.S. President Donald Trump posted an image on Truth Social featuring himself with the Pepe character, influencing PEPE memecoin market dynamics.

The market responded with an impressive 5.59% price increase of PEPE within 24 hours, demonstrating the sensitivity of memecoins to social media mentions.

Trump’s Post Sparks Significant Movement in PEPE Market

Donald Trump shared a Truth Social post showcasing himself with Pepe the Frog. The image, stylized with Trump confidently striding down a city street, included Pepe in the background, tying the frog to market movements. This intersection of politics and memes caught wide attention.

Following the post, the PEPE coin saw immediate market activity. Prices initially jumped 8.5%, before correcting slightly. Trading volume surged by 38%, reaching USD 1.64 billion, showcasing retail investor enthusiasm around memecoin markets tied to political figures. According to Michael Lee, “The initial price movement and subsequent drop in the PEPE memecoin highlights the volatile nature of crypto markets in response to social media influences.” – Heather Cox Richardson

Memecoin enthusiasts and investors acted swiftly on this market news. The correlation between Trump’s post and PEPE’s surge was evident, even though Trump provided no direct comment on memecoins in his post. This absence of explicit endorsement underscores the power of visual and cultural symbols in impacting markets.

Retail Activity and Market Cap Insights After Trump’s Image

Did you know? Pepe the Frog has not only been a meme sensation but has become an unexpected driver of significant market changes, illustrating its dual role as a cultural and financial icon.

Pepe (PEPE), trading at $0.00001451 post-incident, achieved a market cap of USD 6.06 billion as of May 29, 2025. 24-hour trading volumes rose by 53.73% to USD 1.67 billion, per CoinMarketCap. Though retail involvement drove these figures, PEPE’s price over the last 90 days showed a 92.16% increase, underlining its period of volatility and growth.

pepe-daily-chart-6pepe-daily-chart-6

Pepe(PEPE), daily chart, screenshot on CoinMarketCap at 11:53 UTC on May 29, 2025. Source: CoinMarketCap

Jane Smith, Financial Reporter at Crypto Times, noted, “Following Trump’s post, the PEPE memecoin saw an initial surge of about 8.5%, showcasing how social media activity can dramatically influence cryptocurrency markets.”

Coincu research team highlights that volatile memecoin markets might see regulated frameworks due to such trendy influences and social media-driven spikes. Technological adaptability remains key as platforms anticipate new regulations. Whether these isolated events push memecoins into mainstream acceptance is something industry watchers will continue to scrutinize.

Source: https://coincu.com/340482-trump-memecoin-pepe-surge/