Trump’s Post Sparks Surge in Pepe Coin Value
- Rumors suggest US President Donald Trump endorsed Pepe Coin via a Truth Social post.
- The meme coin’s daily trading volume reached $1.63 billion, rising by 37%.
- Pepe Coin’s price increased by 7% within hours of the post.
- The coin’s market cap exceeded $6 billion, with futures open interest up to $667 million.
- A significant whale activity involved transferring over 2 trillion PEPE tokens from Bybit to an unknown wallet.
Following a social media post by President Trump featuring a PEPE meme, the Pepe Coin experienced a notable surge in value and trading activity, with its market cap surpassing $6 billion and daily trading volume reaching $1.63 billion.
Source (2.6)https://coingape.com/why-is-pepe-coin-trending-today/?rand=24432