
Tags: pepe
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Dogecoin, Shiba Inu, Pepe, and Bonk all plunged after U.S. President Trump’s tariff shock triggered a global selloff.
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Major meme coins are bouncing despite the traditional stock market continuing to decline amid President Donald Trump’s trade war.
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Despite initial trader optimism, meme coins have underperformed as evidenced with its market capitalization returning to November 2024 levels.
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DOGE, SHIB, PEPE, and BONK are seeing massive losses, while BTC and XRP continued to outperform, maintaining significant post-election price gains.
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TRUMP’s market value is well above $9 billion on CMC.
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Elon Musk caused a Pepe inspired meme coin to sky rocket but he also made it plummet in just a day.
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A $66 investment in KEKIUS meme coins turned into $3.05 million after Elon Musk’s meme-inspired name change spiked interest.
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The total crypto market cap slumped from over $3.8 trillion to under $3.6 trillion at one point.
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Meme coins like PEPE have generated jaw-dropping profits for early investors despite lacking tangible use cases.
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The investor turned a $3,000 stake into $73 million with PEPE by combining patience, strategic selling, and market timing.
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Whales increased their PEPE holdings by $1.14 billion over the weekend, pointing to strong institutional interest, according to one analyst.
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