PEPE Coin Price Prediction After Trump Shares PEPE Frog Meme: Will He Buy PEPE Next?
Crypto Market Buzz: Meme coin traders are closely watching PEPE after former President Donald Trump shared a PEPE frog meme that many interpreted as indirect endorsement.
Trump's PEPE Meme Sparks Market Frenzy
On May 29, Donald Trump posted a meme of the famous PEPE frog on Truth Social, fueling massive speculation among meme coin enthusiasts. While Trump did not explicitly mention PEPE coin, many saw the post as a nod to the cryptocurrency, reminiscent of Elon Musk's open support for Dogecoin (DOGE) in the previous bull run.
Although the post initially pushed PEPE up by 6%, the rally was short-lived, as macroeconomic uncertainties and cautious investor sentiment led to an 18% correction. A major factor behind the price pullback was the market’s reaction to the U.S. Court of International Trade's indecisiveness on tariffs imposed during Trump's administration, leading to reduced risk appetite.
PEPE Coin Price Prediction: Can Meme Hype Trigger a Breakout?
If Trump continues to hint at support for PEPE, even subtly, the meme coin could gather enough momentum to break out of its current “cup and handle” formation, which has been in development for over five months.
So far, the initial rally pushed the price toward the next resistance level, but failed to break it. Momentum indicators currently favor the bears, with the MACD trending deeper below its signal line and the RSI heading below the neutral 52 level. These signals suggest a continued short-term downtrend unless bullish momentum re-emerges.
There is, however, a possibility of a rebound around the 0.618 Fibonacci retracement level near $0.00001, often considered a pivot point during minor corrections. If the price breaks below this level, PEPE could drop further toward the next support zone around $0.000008.
On the flip side, a strong rally in mid-June could push PEPE up by nearly 100% to around $0.000026, completing the cup and handle breakout and signaling renewed bullish strength.
Last Chance to Join PEPE-Themed Presale: MIND of Pepe Raises $12M+
While many traders missed gains by betting on the wrong meme coins, the new project MIND of Pepe (MIND) offers a fresh opportunity. This AI-powered meme coin blends the popularity of the PEPE character with the rising trend of AI agents in crypto.
The MIND token aims to empower early investors with exclusive crypto insights via an AI agent that actively engages with communities on X (formerly Twitter), identifies early-stage projects, and delivers premium analysis for token holders.
With access to high-potential projects via a private Telegram group, MIND holders enjoy a significant competitive edge. So far, the project has raised over $12 million in its presale, attracting investors with the combination of meme culture and cutting-edge AI integration.
But time is running out — the presale ends in less than 48 hours before the token gets listed on major exchanges. Early adopters could still catch this wave before it takes off.