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The meme coin market has grown sharply amid Trump’s customs policy
Note: not investment advice!
Following Donald Trump’s unexpected decision to suspend reciprocal duties for 90 days for countries that have not retaliated against the United States, the meme coin market has responded with rapid growth. Dogecoin DOGE $0.16 Binance-Peg Dogecoin 1.75% Market capitalization $0.41 billion VOL. 24 hours $54.97 million and Shiba Inu SHIB $0.00001221 Shiba Inu 1.83% Market capitalization $7.18 billion VOL. 24 hours $12.13 million recorded the highest growth — more than 10% per day. But the real leader was the lesser-known Fartcoin, which jumped by more than 40%.
Fartcoin, based on the Solana blockchain SOL $138.79 Binance-Peg SOL 3.65% Market capitalization $0.15 billion VOL. 24 hours $0.4 billion , currently has a market capitalization of over $ 700 million. Over the past month, this asset has shown a 221% increase, which exceeds the results of even the leading meme coins. This dynamic made it the biggest winner of the day on the crypto market.
Along with Dogecoin and Shiba Inu, other popular meme assets such as Bonk and Dogwifhat also showed growth, adding almost 14% each. The Pepe token, based on Ethereum ETH $1,596.60 Bridged Ether (StarkGate) 0.54% Market capitalization $0.14 billion VOL. 24 hours $0.31 billion , also showed a double-digit increase of more than 11%.
In general, the capitalization of the meme-coin segment of the crypto market increased by almost 11%, reaching $ 43.64 billion. The daily trading volume exceeded $ 7 billion, which indicates a sharp revival of investor interest in speculative assets amid geopolitical events.
An additional positive factor for Dogecoin was the announcement of the launch of a new exchange-traded product (ETP) supported by the Dogecoin Foundation. The new instrument was introduced on Swiss stock exchanges, which strengthened market sentiment around the token and contributed to its rise.