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Pepe (PEPE) coin faced a sharp 28% decline this week, trading around $0.000009 as the broader crypto market endured intense selling pressure. Within just 24 hours, the PEPE price lost over 26%, erasing recent gains fueled by last week’s bullish rally. This downturn comes amid renewed economic uncertainty, driven by geopolitical tensions and sweeping U.S. tariffs that rattled global markets.
The sudden market decline was primarily triggered by U.S. President Donald Trump’s announcement of new import tariffs from Canada, Mexico, and China. The newly imposed 25% tariff on Canadian and Mexican goods and a 10% tariff on Chinese imports sparked fears of a prolonged trade war. This policy shift prompted a global sell-off as traders fled from riskier assets, including cryptocurrencies.
Major coins like Bitcoin and Ethereum weren’t spared. Bitcoin dropped 7% to trade near $95,000, while Ethereum plunged 15%, marking its lowest point since November. PEPE’s price followed suit as capital flowed out of speculative assets, reflecting the broader market sentiment.
Trade Tensions Deepen Market Fears
The ripple effects of escalating trade tensions were swift. In response to the U.S. tariffs, Canada announced 25% retaliatory tariffs on American imports, including beverages and cosmetics, while Mexico signaled plans for similar measures. This tit-for-tat approach heightened fears of an economic slowdown, fueling a wave of risk-off sentiment in markets.
The crypto market bore the brunt of panic. Bitcoin fell below $93,000 and Ethereum below $2,200 amid the broader market sell-off. PEPE, despite its recent meteoric rise, wasn’t immune. Having surged 1,420% over the past year and reaching an all-time high of $0.00002825 in December, PEPE’s gains have now been largely wiped out.
Can Pepe Price Recover from the Meme Coin Slump?
Despite the downturn, some analysts maintain a bullish outlook on PEPE’s long-term potential. PEPE’s technical indicators suggest it could rebound if broader market conditions improve. A recovery in Ethereum, for instance, might provide the necessary momentum for PEPE to regain its footing.
Optimists project PEPE could eventually reach a $50 billion market cap, positioning it alongside established meme coins like Dogecoin (DOGE). However, with market volatility at elevated levels, traders remain cautious, closely monitoring key support levels to gauge PEPE’s next move.
While PEPE struggles amid market uncertainty, another contender is quietly gaining ground. For traders seeking opportunities beyond traditional meme coins, MIND of Pepe ($MIND) offers a compelling alternative with its AI-powered trading innovations.
MIND of Pepe ($MIND): An AI-Driven Crypto with Growing Momentum
MIND of Pepe ($MIND) is flipping the script on traditional crypto trading with AI-driven market insights, real-time trend analysis, and predictive intelligence. Unlike typical trading bots that follow static algorithms, $MIND operates as an autonomous AI agent—constantly learning from market sentiment, social media trends, and historical data to refine strategies in real-time. This dynamic approach helps traders stay ahead of the market and make informed, data-backed decisions.
With over $4.92 million already raised and rapidly approaching its next milestone of $5.64 million, MIND of Pepe is gaining serious traction among traders looking to harness the power of AI for smarter trading.
MIND of Pepe isn’t just about smart trading—it’s also about smart earning. Traders can stake their $MIND tokens and earn up to 458% APY, offering an attractive passive income opportunity alongside the project’s cutting-edge AI features. With 764 million $MIND tokens already staked, early adopters are locking in long-term rewards while benefiting from the platform’s continuous AI advancements.
The presale is in full swing, and with each milestone reached, the price increases. Currently priced at just $0.0032532, this is your chance to secure $MIND tokens before the next price hike.
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.