Pepe Makes It To Trump’s Feed—Is A Crypto Endorsement Next? — TradingView News
US President Donald Trump’s brief post on Truth Social on May 29 sparked a quick burst of excitement among crypto traders. Based on reports, some users saw a hidden reference to the Pepe meme coin (PEPE).
In the next few hours, PEPE shot up by 5% but then fell back by 15%. Traders are now watching to see if this social push can do what Elon Musk once did for Dogecoin.
Pepe Price Moves
According to market data, PEPE’s price hit its upper resistance after the Trump post. A short surge brought a 5% gain. Then profit-taking and wider market pressure drove an 18% correction.
The flip in momentum shows how fast things can change in meme-coin land. A small tweet or post can send prices soaring, but it only takes a bit of selling to push them…
