Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Top 3 Meme Coins Surge 50+ as Market Gains $1.2B Ahead of Trump’s Major Announcement

Top 3 Meme Coins Surge 50+ as Market Gains $1.2B Ahead of Trump’s Major Announcement

CryptonewslandCryptonewsland2025/05/14 01:55
By:by Irene Kimsy
  • Meme cryptography coins TRUMP, PEPE, and BONK shot up 50% above 24 hours just before a big Trump-based reveal.
  • The crypto market appreciated $1.2 billion, while meme coins outperformed because of higher volume, which is backed by increased online activity.
  • Analysts report a direct correlation between political speculation and the appreciation of meme coin valuations, the latter reflects the investor risk appetite.

There was great acceleration in the meme coin segment of the cryptocurrency market, with PEPE, Official Trump (TRUMP), and BONK registering considerable price increases. Such coins usually branded as speculative, shot over 50% in 24 hours, pushing overall market capitalization higher by over $1.2 billion.

TRUMP: “We have a big announcement to make, not about trade but something else but it’s going to be a truly earth shattering and a positive development for this country and for the people of this country. And that will take place sometime within the next few days” pic.twitter.com/9RRW4OuxTU

— ALX 🇺🇸 (@alx) May 6, 2025

The rally was triggered by emerging expectations surrounding a significant announcement to be made by former U.S. President Donald Trump, which has put the spotlight back on politically themed tokens and high-volatility assets. Based on the market and trading volumes and the activity of social media, high volumes and social activity were essential in driving up the meme coin valuations.

PEPE Sees Phenomenal Recovery Following Period of Market Stagnation

PEPE, one of the most recognizable meme coins in the crypto space, surged 23.7% , trading at $0.059967 in the past 24 hours. This sharp rise follows a prolonged consolidation phase that left the coin underperforming compared to its meme coin peers. 

The rally thrust PEPE through the important resistance zones served as barriers in Q1 of 2025. Analysts noted that PEPE’s community participation – the recurring force behind the price dynamics of its token – received a boost from viral memes and resuscitated developer correspondence. The shift also occurred as calling out the broader meme sectors rebounded, and the unmatched community-driven momentum of PEPE strengthened its status as one of the superior-level meme assets.

TRUMP Coin’s Revolutionary Climb Fueled by Political Speculation

The TRUMP meme coin provided one of the most amazing returns during the current cycle by increasing more than 15% against the backdrop of heightened expectations of an imminent grand announcement from former U.S. President Donald Trump. This political connection has had a major influence on the volatility of this token, and this time was no exception. 

TRUMP’s unusual status as a politically themed meme coin makes it especially vulnerable to real-world happenings, especially those concerning its name. An analysis of on-chain data demonstrated a steep increase in the transfer of tokens and new wallet generation leading to the announcement. While the details of Trump’s statement remain undisclosed, the market treated the news cycle as a bullish event, pushing TRUMP above short-term resistance levels currently trading at $12.31 up 14.7%.

BONK Delivers Stellar Performance as Solana-Based Meme Asset Gains Popularity

BONK has benefited from the broader recovery of Solana-based assets, and its meme appeal remains strong among retail investors. The most recent rally caused BONK to outperform several mid-tier altcoins by a percentage point.

Recent upgrades to BONK’s ecosystem, including staking utilities and limited token burns, have contributed to heightened speculation. The token’s price increase also represents its position as the lower-cap option of cutting-edge alternatives to over-crowded meme coin markets. Analysts noted the crossover of BONK into NFT communities in Solana as another impetus behind the interest

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Deciding on Bitcoin: Time to Cash Out or Continue HODLing?

Navigating the Uncertainties: Analyzing Bitcoin Investors' Predicament amidst Market Volatility

Coineagle2025/05/14 05:00
Deciding on Bitcoin: Time to Cash Out or Continue HODLing?