Memecoin Explodes After Donald Trump's Customs Tax Suspension: DOGE, SHIB, PEPE Lead the Way

After U.S. President Donald Trump announced a 90-day delay on tariffs applied to over 75 countries, the crypto market reacted positively, and meme-inspired coins were among the winners in the market. This move aims to encourage discussions about global trade but also boosts confidence, especially in speculative assets. The prices of all major meme coins and pyramids like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) have surged thanks to the prevailing optimistic sentiment across the industry. According to Bloomberg and The Wall Street Journal, this policy shift plays a crucial role in helping market momentum and the valuation of meme coins recover. How does the market react to the suspension of tariffs? On April 9, 2025, President Trump announced an immediate suspension of reciprocal tariffs for 90 days on over 75 countries. This decision was made after significant efforts from these countries related to trade negotiations. Trump stated, "More than 75 countries have contacted his administration to discuss signing trade agreements." Although tariffs on imports from China have risen to 125%, the suspension has generally been positively received by markets around the world. Stocks related to crypto and digital assets have surged, with Bitcoin rising above $82,000 and Ethereum nearing $1,650. Memecoin rises sharply The total market capitalization of meme coins also reflects a strong recovery, showing an increase of over 10%. On April 10, 2025, the top meme coins reached a total market value of approximately $44.53 billion, marking an increase of 10.53% in the past 24 hours, based on data from CoinMarketCap. Such a sudden spike has sparked discussions among investors about the potential for prolonged price increases in the crypto market into 2025. With recent changes in macroeconomic policy and renewed interest in speculative assets from retail investors, analysts are closely monitoring meme trends as an early indicator of overall market sentiment. Dogecoin (DOGE) surged to over $0.16 The price of Dogecoin has increased by over 12% in 24 hours, with a trading volume of $2.196 billion—up 15.27%. DOGE is currently trading at $0.157647 and has a market capitalization of $23.82 billion. Meanwhile, the Relative Strength Index (RSI) has made a decisive price increase beyond the overbought range, signaling that the bullish momentum may continue. If this trend continues, DOGE may consolidate and test the resistance level of $0.20 by the end of next week. On the other hand, in the case of a bearish reversal, the price could drop back to the $0.1297 region. Are you ready to take a loss if SHIB decreases in price? Shiba Inu has also shown some strong performance, recently testing the important support zone at $0.00001025 and achieving a 12.81% increase in the last 24 hours. At the time of writing, SHIB is trading at $0.00001197 with a daily trading volume increase of 57%. Technical: A bullish crossover has formed on the Simple Moving Average (SMA) combined with the RSI indicating a trend towards overbought conditions, which leads to expectations of further price increases. If the price increase continues, SHIB may eye the resistance level of $0.00001325. A drop could cause it to revisit the support area of $0.00001150. Pepe (PEPE) is leading, surging 17% In terms of cumulative value, Pepe has performed better than its 'rival', with an increase of 17.36% despite all difficulties, while the overall market is recovering. PEPE is getting closer to a market capitalization of 3 billion dollars, with a 24-hour trading volume of 1.170 billion dollars. SMA, RSI, and other technical indicators indicate a strong bullish reversal, reflecting strong buying pressure. If PEPE continues to find bullish volume, we could see its trading price at $0.00000735 in the coming days or $0.00000825 if there is additional bullish momentum. On the other hand, if it turns bearish, the price could drop to around $0.00000635.

Summary The new interest in meme coins has restored confidence in past economic policies, providing a fresh impetus for the broader crypto market ecosystem. For investors evaluating whether the stock market can continue to rise, this shift in attitude is being closely monitored. However, this positive momentum does not change the caution of traders, who remain attentive to the valuation of cryptocurrencies - especially in the case of meme coins that are still susceptible to external factors, including geopolitical developments and regulatory changes. According to CoinDesk and Bloomberg, market volatility remains a significant concern that forces both retail and institutional market participants to maintain a neutral stance.