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- Dogecoin, Shiba Inu, and PEPE are seeing gains as the market anticipates Trump’s pro-crypto policies and Musk’s influence in his administration.
- While optimism grows, analysts warn of potential “sell-the-news” market reactions if crypto regulation initiatives face delays.
Following the 2025 Presidential Inauguration update shared in a recent CNF post, it was speculated whether the change in leadership would spark a bull market in crypto, paving the way for new success stories involving the top five memecoins.
Meme coins have experienced significant volatility, with their collective market cap recently dropping below $100 billion. However, a swift recovery followed, with the market cap rebounding by 5% in just 24 hours, reaching $99 billion.
Trading activity surged by 57% during the same period, climbing to $11 billion. This rebound coincides with optimism surrounding Donald Trump’s inauguration, which has fueled enthusiasm among memecoin supporters.
Dogecoin Leads the Pack with Bullish Momentum
BiutDegree.org speculates that 2025 is shaping up to be the “year of the meme coin,” noting:
From their controversial beginnings as an ironic antidote to Bitcoin, meme coins have been conquering the hearts and wallets of the crypto community one bull run at a time.
Dogecoin (DOGE) is emerging as the frontrunner in the memecoin rally tied to Trump’s presidency. A key factor is Elon Musk’s appointment as co-leader of the Department of Government Efficiency (D.O.G.E.), further strengthening Dogecoin’s connection to the administration.
Known for his longstanding support of Dogecoin, Musk’s influence continues to drive its bullish trends. DOGE has gained 6% in the past 24 hours, trading at $0.35. Following closely, Shiba Inu (SHIB) rose 3% to $0.0000215, while PEPE and FLOKI recorded increases of 2.7% and 4%, respectively.
Trump’s Crypto Ball Fuels Speculation
Adding to the excitement, Trump plans to host a “crypto ball” during his inauguration, bringing together leaders from the crypto and tech industries. During his campaign, he promised executive orders to establish clear crypto regulatory frameworks, fueling hopes for a positive impact on the market.
However, some analysts remain cautious, warning of a possible “sell-the-news” scenario. Arthur Hayes, co-founder of BitMEX, expressed concerns about potential market downturns if Trump’s crypto policies face delays.
As the crypto world eagerly anticipates Trump’s presidency, memecoins like Dogecoin, Shiba Inu, and PEPE appear poised for significant gains, driven by renewed interest and speculative optimism.
As for PEPE, Coin Market Cap data shows it is trading at $0.00001725, reflecting a 0.56% daily increase but a 5.03% weekly decline. See PEPE price chart below.
