Pepe Drops 14.28% Amid Trump Endorsement Speculation

Pepe's latest price was $0.00001173, down 14.28% in the last 24 hours. This significant drop has sparked discussions among meme coin speculators, who are closely monitoring the cryptocurrency following what many interpret as a subtle endorsement from former U.S. President Donald Trump. A May 29 post on Trump's Truth Social platform has been widely seen as a nod to Pepe, sparking significant viral traction and bolstering bullish sentiments among speculators. This situation has drawn comparisons to Elon Musk’s public endorsements of Dogecoin, which significantly boosted DOGE’s market position during the last bull cycle. While Trump’s post was not an explicit endorsement, it has ignited excitement among speculators, fueling hopes that Pepe could follow a similar trajectory to DOGE. However, the broader macroeconomic pressures have tempered the market reaction, with risk-on sentiment receding and traders remaining cautiously optimistic.

Pepe’s recent surge in popularity has also been influenced by the team reveal of Coldware, which triggered an unprecedented 1100% increase in buying volume across multiple exchanges. This surge has led to a massive influx of new wallet addresses accumulating Pepe, suggesting growing retail interest. Trading data shows that long-term holders now control 51% of the supply, up from 42% in March. This rally has been notable for shrugging off the broader market’s recent dip, with Pepe’s price continuing to rise despite a 6.2% market decline. This suggests that Pepe’s movements are more driven by project developments rather than broader market trends. As the anticipated bull run of Q3 2025 approaches, Pepe breaking through $0.000014 could be an early sign of changing market dynamics, with the steady climb in buying volume and new wallet activity suggesting potential tests of higher resistance levels in the coming months.

Coldware, a Web3 project, is also gaining traction with its hardware-first approach to blockchain integration. The project aims to embed blockchain tools directly into everyday devices, such as the upcoming Larna 2400 smartphone. This approach seeks to make the user experience seamless, eliminating the need for complicated wallets and technical setups. The Larna 2400 smartphone is designed to look and feel like a high-end phone but is equipped with built-in blockchain capabilities that work right out of the box. This includes features like sending payments, staking tokens, running light nodes, and accessing decentralized apps. By integrating blockchain directly into familiar devices, Coldware is creating a clear entry point for mainstream crypto adoption, tackling the complexity that often deters new users. The native $COLD token secures the blockchain through staking, powers DeFi features, and serves as a payment method across all Coldware devices and apps. Holders of $COLD can also participate in governance decisions, activate premium features, and tokenize real-world assets, giving the token real utility beyond price speculation. Coldware’s focus on practical utility and real-world applications has drawn the attention of many Pepe holders, who appreciate the project’s community spirit and staying power.

Despite Pepe’s recent gains, some traders are questioning whether the meme coin can maintain its momentum as new money flows into emerging tokens. The latest Pepe price prediction hints at a rocky June ahead, as enthusiasm cools and fresh opportunities gain traction. One project catching serious attention is Mantix ($MTX), which is now in presale. Backed by smart contract automation and AI-powered trading, Mantix is becoming the go-to for investors hunting the next big win. The Pepe price prediction trend looks shaky, especially with analysts eyeing over 100x potential for early MTX adopters. Pepe has been hovering dangerously close to key resistance levels lately, with recent technical indicators signaling a potential downturn in June. The latest Pepe price prediction points to a possible drop to $0.000007603 by late June, reflecting growing market caution. With Pepe’s price currently settling around $0.000014, the lack of significant upward movement is causing traders to reconsider their positions. As enthusiasm cools, many traders are growing increasingly cautious, watching closely to see if Pepe can hold its ground amid weakening momentum or if the meme coin’s rapid rise is finally running out of steam.