After US President Donald Trump announced a 90-day suspension on tariffs imposed on more than 75 countries, the crypto market responded positively, and meme-inspired coins were among the market winners. This move was aimed at encouraging global trade discussions but has also lent a boost of confidence, especially to speculative assets.
The price specifically of all pyramidal and major meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) skyrocketed thanks to the bullish sentiment prevailing throughout the sector. According to Bloomberg and The Wall Street Journal, this policy pivot was instrumental in helping market momentum and meme coin valuations bounce back.
How the Markets Reacted to the Suspension of Tariffs
On April 9, 2025, President Trump announced an immediate 90-day suspension of “reciprocal” tariffs affecting more than 75 countries. This decision comes on the heels of significant outreach from these countries regarding trade negotiations. Trump said,
“Over 75 countries had reached out to his administration about doing trade deals.”
Though tariffs on Chinese imports were raised to 125%, the overall suspension has generally been greeted positively by markets around the world. Cryptocurrency-related stocks and digital assets soared, with Bitcoin rising above $82,000 and Ethereum approaching $1,650.
Meme Coins See Massive Bumps
The total market capitalization of the meme coins also reflected a strong rebound, showing an increase of more than 10%. On April 10, 2025, the top meme coins reached a combined market value of about $44.53 billion, marking a 10.53% gain in the last 24 hours, based on CoinMarketCap data.
Such a surge has renewed investor conversations around a potential prolonged crypto bull run in 2025. With recent shifts in macroeconomic policy and a renewed interest in speculative assets by retail investors, analysts are keenly observing meme coin trends as a potential early indicator of general market sentiment.
Dogecoin (DOGE) Shoots Over $0.16
Dogecoin’s price climbed more than 12% in 24 hours, with a trading volume of $2.196 billion—a 15.27% rise. DOGE is currently trading at $0.157647 and has a market cap of $23.82 billion.
Meanwhile, the Relative Strength Index (RSI) has made a decisive move bullishly over the overbought range, signaling that bullish momentum could continue.
Should this trend continue, DOGE could consolidate and test the $0.20 resistance level by next weekend. On the other hand, in the case of a bearish reversal, the price may fall back to the area of $0.1297.
Willing to Lose if SHIB Drops?
Shiba Inu has also shown some strong performance, recently retesting its important area of support at $0.00001025 and posting a 12.81% gain in the last 24 hours.
At the time of writing, SHIB is trading at $0.00001197 with an intraday trading volume increase of 57%. Technicals: A bullish crossover forming on the Simple Moving Average (SMA) combined with an RSI indicating a trend towards the overbought all lead to expectations for further appreciation.
If bullish momentum continues, SHIB might have its eyes on the $0.00001325 resistance level. A decline could have it retest the $0.00001150 demand area.
Pepe (PEPE) is in the Lead, Soaring 17%
In terms of value accumulation, Pepe had better results than its ‘frenemies,’ with a 17.36% increase against all odds, while the general market was recovering. PEPE is edging closer to a $3 billion market cap, with $1.170 billion in 24-hour trading volumes. SMA, RSI, and other technical indicators show a strong bullish reversal, reflecting strong buying pressures. If PEPE finds continued bullish volumes, we could see it trading towards a price point of $0.00000735 in the next couple of days, or $0.00000825 given further bullish momentum. On the flip side, if it turns negative, the price could drop to around 0.00000635.
Meme Coins Price Prediction Tables
Memecoin | Current Price | Short-Term Target | Potential Decline |
Dogecoin (DOGE) | $0.157647 | $0.20 | $0.1297 |
Shiba Inu (SHIB) | $0.00001197 | $0.00001325 | $0.00001150 |
Pepe (PEPE) | $6.11166e-10 | $0.00000735 | $0.00000635 |
Summing Up
The renewed interest in meme coins restored confidence in past economic policies, bringing new momentum to the wider crypto ecosystem. For investors assessing whether the stock market can continue to climb, this change in attitude is closely watched.
The positive momentum has not, however, shaken off the cautiousness of traders, who remain mindful of the valuations of crypto prices—particularly in the case of meme coins continue to be vulnerable to external factors, including geopolitical developments and regulatory changes.
Market volatility remains a major concern that has led retail and institutional market participants to take a neutral stance, according to CoinDesk and Bloomberg.
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Frequently Asked Questions
1. What’s behind the current rise in memecoin prices?
Increased memecoin prices were likely in response to Trump reporting a twist on tariff freezes and the renewed confidence of investors in the crypto economy — and a gallant show of strength by the whole crypto market led by BITX breaking the former support at $82,000.
2. Now, is it time to buy DOGE, SHIB, or PEPE?
Though meme coins are volatile, investment now still has upside potential. Always treat your risk upside-down with sound risk management, and evaluate your risk tolerance.
3. What caused Bitcoin’s skyrocketing rise to $82K?
Trump’s pivot to economic policy and increasing crypto adoption have enhanced investor sentiment and helped Bitcoin cross the critical $82,000 psychological resistance level.
4. Does that mean meme coins are still a risky bet even after all the gains?
Yes, memecoins are still extremely speculative. The value of cryptocurrency can change rapidly due to hype, sentiment, or world events like regulations. Always do your research.
Glossary of Key Terms
1. Memecoin
A type of cryptocurrency that’s often motivated by internet memes or pop culture. Although usually developed as jokes, memecoins such as DOGE and SHIB have found their way into the market through community hype and speculation.
2. Market Capitalization (Market Cap)
The market capitalization (or market cap) of a cryptocurrency refers to the total value of the cryptocurrency now circulating supply prices circulating supply It is used to gauge a coin’s relative size and popularity in the market.
3. Tariff Suspension
You can find more information about us here. In the meantime, Trump’s tariff freeze pushed global investors sentiment to add some grease to the crypto feet.
4. RSI (Relative Strength Index)
A technical analysis-type momentum indicator that measures the speed and change of price movements. A reading above 70 indicates an overbought condition, while a reading below 30 indicates an oversold condition.
5. Support and Resistance Levels
Essential price points that assets have shown to not go under (support) or above (resistance). Traders utilize these to predict potential breakouts or reversals.
6. Altcoin
I’m a cryptocurrency other than Bitcoin. Memecoins such as SHIB and PEPE are an example. Other altcoins use different technology or are made for niche communities.
7. 24-Hour Volume
The sum of the USD value of a cryptocurrency traded over all exchanges in a 24 hour period. Stronger market interest and liquidity are generally indicated by higher volume.
8. Bull Run
A phenomenon where the price of cryptocurrencies rises consistently over an extended period, usually due to positive sentiment in the market, strong demand, or macroeconomic factors. A meme coin rally might be the start of one.