At the start of the week, the global crypto market experienced turbulence triggered by U.S. President Donald Trump’s new tariffs. However, a pause of some of these tariffs helped stabilize the market.
According to CoinGecko, the total crypto market cap currently stands at $3.34 trillion, down 1.1% in the last hour after dropping 9.5% earlier this week.
Meme coins initially mirrored this downturn, with DOGE, SHIB, and PEPE seeing double-digit losses. However, recovery followed, with Floki, Pengu, and Dogecoin leading gains. Notably, Trump Coin ($TRUMP) surged 8.5%, escaping the market slump.
https://www.coingecko.com/en/coins/official-trump
Meme Coin Market Crashes 46%—Is the Hype Cycle Finally Over?
The meme coin market has sharply declined, with its total market capitalization plunging 46% in just two months. Once driven by speculation and hype, the so-called “meme coin supercycle” appears to be struggling.
According to CoinGecko, meme coin valuations have dropped from $137 billion to $74 billion, returning to levels last seen in November 2024. Trading volumes also fell 29%.
https://www.coingecko.com/en/categories/meme-token
Even in the past week, the top 10 meme coins have posted double-digit losses, with Official Trump (TRUMP) and Pudgy Penguins (PENGU) experiencing the steepest declines.
The downturn worsened on Monday after President Donald Trump’s tariffs on Canada, Mexico, and China triggered $2 billion in liquidations.
$TRUMP Memecoin Plunges 75%—Can It Recover or Is More Downside Ahead?
Trump’s meme coin, $TRUMP, once soared to an all-time high of $75.35, reaching a $14.5 billion market cap. At its peak, 29 large buyers held over $10 million worth of tokens each, with five holding more than $100 million. However, the token has now plunged 75%, wiping out billions in value.
Currently, $TRUMP trades within a descending triangle, a bearish pattern that signals potential further decline unless the price breaks above the upper trendline. Market analysts remain divided—some see further downside, while others anticipate a bullish reversal.
Captain Faibik pointed to a falling wedge pattern, expecting a strong bounce. Edward Morra noted that $TRUMP rebounded from $20 support, adding that a move above $25 could confirm a recovery.
Despite this, $TRUMP has slipped to fourth place among meme coins, overtaken by Pepe (PEPE). The broader crypto market remains weak following Trump’s new tariffs, raising fears of another major sell-off.
In the past 24 hours, $TRUMP’s trading volume fell 30.8% to $2.07 billion, a 93% drop from its $36 billion volume on Trump’s inauguration day. The token has been down 31.9% in the last seven days and is currently trading at $17.92.
Wall Street Pepe ($WEPE) Nears $70M in Viral Presale
While the Trump meme coin is recovering slightly, now might be the time for investors to consider Wall Street Pepe ($WEPE) before new interest surges in the meme sector.
Wall Street Pepe ($WEPE) is on a mission to level the playing field for retail traders. Tired of whales and insider groups manipulating the market, WEPE created an army—a collective of meme coin degens ready to trade smarter and outmaneuver the big players.
$WEPE token holders gain access to exclusive trading calls and insights, turning them from passive investors into market movers. With no minimum investment, even small traders can join its upcoming trading signals group and participate in the $WEPE Army, a private community for sharing strategies and earning rewards.
https://youtu.be/yITn0H2vCKU?si=cD-78SWW_Qthzgrp
The $WEPE staking program offers 19% APY, with over 42 billion tokens already locked, helping stabilize the market and minimize volatility. As demand surges, Tier 1 exchanges may soon take notice, further boosting its breakout potential.
Currently priced at $0.0003665, early investors could see significant gains as the token enters its next phase. The presale has already raised over $69.3 million, proving investor confidence in $WEPE’s vision.
