On May 29, 2025, a tweet on Truth Social from former U.S. President Donald Trump set off alarms in the cryptocurrency market, causing a notable impact on the meme coin PEPE. The tweet, which mentioned being 'on a mission from God' and that 'nothing can stop what is coming,' was interpreted as a veiled reference to PEPE, generating an initial 5% spike in its price. However, this momentum was short-lived, as the coin fell 15% in the following hours, reflecting the high volatility of such assets.
📊 Key Market Data:
Technical pattern: Formation of 'cup with handle' over the past five months; potential target at $0.000026 if it breaks resistance.
Key support: Fibonacci retracement level 0.618 at $0.00001; if maintained, a bounce towards $0.000008.
Indicators (MACD and RSI): Show bearish pressure before any sustained rally.
Whale activity: Large investors have accumulated PEPE during dips, which could indicate confidence in a future recovery.
🚀 Why Does This Matter?
Interest in meme coins has resurged in 2025, driven by the integration of projects like Dawgz AI, which bring new functionalities and added appeal beyond mere social enthusiasm. This mix of entertainment and utility has revitalized interest in meme coins, distinguishing them from their predecessors that relied solely on social media hype.
Additionally, recent media attention and actions by public figures have placed meme coins at the center of the debate over regulation and ethics in the cryptocurrency market. The active involvement of personalities like Trump in the launch and promotion of tokens has raised concerns about potential conflicts of interest and the need for stricter oversight.
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❓ Do you think PEPE will recover and lead a new wave of meme coins, or is it just experiencing a fleeting spike?
#TrumpMediaBitcoinTreasury #MarketPullback #TrumpTariffs #TradingTypes101 $PEPE 
