Can PEPE rise to 0.00002 USD after Donald Trump's viral post?

Recently, the memecoin Pepe (PEPE) has drawn strong attention from the investment community and cryptocurrency observers as the price of this coin experienced a strong fluctuation of nearly 10%, from 0.0000144 USD to 0.0000149 USD, before falling sharply by 11% down to 0.0000127 USD at the time of writing. Notably, this event is not only related to the usual factors in the crypto world, but also has an interesting connection with President Donald Trump.

The Mysterious Relationship Between Trump and PEPE

It is noteworthy that this price volatility does not only stem from the usual factors of the crypto world but is also related to a special event on the social network Truth Social, where Trump posted a photo with the caption "Mission from God." What draws the community's attention is that in this photo, there is an image of a small frog standing in the left corner, causing many to associate it with the memecoin PEPE, which is famous for its frog image as a symbol.

This image quickly became a topic of discussion on social media, with many speculating whether this is a signal from Donald Trump to indirectly encourage PEPE and increase optimism towards this memecoin, or just a coincidence? Although there has been no official confirmation stating that Trump is directly involved with PEPE, the appearance of this frog image has ignited interest and expectations for the meme coin.

Positive mindset and explosive growth

Just a few hours after Trump posted the picture, the combination of media factors and the story of "Mission from God" helped PEPE soar. The trading volume and market capitalization of PEPE also witnessed a surge, reflecting the optimistic sentiment in the community. The Long/Short ratio in the past 48 hours also shows a clear bullish trend, with the Long/Short ratio increasing from 0.96 to 1, signaling a substantial influx of investment into this memecoin.

! PEPE Long/Short Ratio | Source: CoinglassPEPE's 30-day MVRV index is also at a positive level, indicating that the number of addresses holding PEPE in the recent period has been profitable. This shows increasing interest from investors, and also proves a strong recovery from a significant decline in the previous period.

The 30-day MVRV index of PEPE | Source: Santiment## Challenges and future prospects

In the first quarter of 2025, PEPE experienced a sharp decline of up to 80%. However, moving into the second quarter, from the bottom level, PEPE made an impressive recovery, increasing by more than 150%, demonstrating the strong impact of positive sentiment from the community. Nevertheless, from mid-May onwards, PEPE faced several external factors affecting the market, causing the growth momentum to slow down. Currently, the price is encountering a strong supply zone, making it difficult to maintain the growth momentum.

The sharp fall in price by 11% in just a short period is clear evidence of the strong volatility in the memecoin world. This instability is a prominent feature of memecoins, which can be significantly influenced by external factors such as community sentiment, rumors, and celebrity figures.

PEPE Price Chart 1 Day | Source: TradingViewIn the case of PEPE, the price falling to the level of 0.0000127 USD may be a sign that this coin is facing a strong resistance level. However, if PEPE can break through this threshold, the opportunity for the price to continue growing to 0.00002 USD still exists. It is important for this coin to maintain community interest and have strong support from positive psychological factors.

Although there is no verified information about the connection between Trump and PEPE, this event has demonstrated the power of cultural and psychological factors in the crypto world. The strong price volatility of PEPE not only reflects the fluctuations of the memecoin market but also serves as clear evidence of how memes and famous characters can influence the value of these coins.

With strong volatility and the potential to create great opportunities but also high risks, PEPE continues to be one of the notable memecoins, drawing attention and high expectations from the crypto investment community.

Lilly