Donald Trump shakes up the crypto market by posting an image with PEPE the Frog on Truth Social, causing the $PEPE token to surge by almost 9% within hours. Is this memecoin, inspired by a controversial meme, on the verge of a major breakout? Dive into the excitement of this speculative buzz.
On May 29, 2025, a shockwave swept through the crypto community as Donald Trump, the President of the United States, posted an image on Truth Social featuring the famous meme PEPE the Frog, along with the caption “He is on a mission from God. Nothing can stop what’s coming.”
As a result, the memecoin PEPE surged by +8.98%, reaching 0.00001497 in just a few hours. But this is not merely a coincidence. With the “memecoin season” seemingly returning, could this post propel $PEPE to new heights? Let’s delve into it.
Launched in April 2023 on the Ethereum blockchain, $PEPE is a deflationary memecoin inspired by the comic character created by Matt Furie in 2005. Originally an innocent meme, PEPE the Frog was co-opted by the American far-right during the 2016 presidential campaign, a move denounced by Furie and classified as a hate symbol by the Anti-Defamation League.
Despite this controversial past, the $PEPE token has managed to build a crypto community thanks to its zero-fee policy, token burning mechanism, and a redistribution system that rewards long-term stakers. With a market capitalization exceeding $5.9 billion, $PEPE now ranks among the top 25 cryptocurrencies in the market.
This isn’t the first time Donald Trump has influenced the cryptocurrency market. Since his election in November 2024, Bitcoin prices have surpassed $100,000, and memecoins like Dogecoin and Shiba Inu have seen significant gains. The launch of his own token, $TRUMP, valued at $6 billion within hours, has also electrified investors.
This time, by associating with the PEPE meme, Trump seems to be playing on the nostalgia of his supporters and the virality of social media. As highlighted by @Crypto_Sage__ on X, “This isn’t just hype; it’s about narrative and timing.”
The Trump effect is undeniable. This new post could reignite excitement, especially with Bitcoin approaching a new ATH and a fresh momentum for Ethereum.
With a 24-hour trading volume exceeding one billion dollars and a 37% increase on May 29, $PEPE is catching people’s attention.
In the 4H chart, PEPE shows positive signals with new higher highs and a breakout above the $0.00000143 resistance. If this resistance turns into support, PEPE could target the $0.0000018 level in the coming days, representing over a 20% increase from its current price.
However, the widening of the Bollinger Band in 12H and the bearish RSI divergence call for caution. It will be crucial to closely monitor PEPE, especially the $0.000018 resistance and the $0.000001220 support level. A breakdown below this support could send PEPE to $0.00000093.
Nonetheless, with increasing volume and a rebounding RSI, PEPE could start an uptrend in the coming hours if Bitcoin pushes towards new highs again. Ethereum’s performance should also be monitored closely.
1. Create an Account
2. Fund Your Account
3. Find the Token
4. Buy $PEPE
Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.
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