Is This the End for PEPE and Meme Coins? Trump’s Tariffs Spark Panic Sell-Off 

PEPE has become a hard sell in the “best crypto to buy” conversation, now down over 75% from its all-time high just 4 months ago with a “Liberation Day” fueled sell-off.

Recession fears bolstered by Trump’s “tariff war” escalations have sparked mass liquidations across investment markets—hitting Pepe particularly hard.

To its credit, Pepe held up better than many. Despite a sharp 20% drop this week, the meme coin still posted a modest 0.47% gain for the month—signs of resilience while others face steeper losses.

With the April 2nd “Liberation Day” tariffs, global equities fell across the board. US stocks mirrored losses seen in Asia and Europe.

LIBERATION DAY RECIPROCAL TARIFFS pic.twitter.com/ODckbUWKvO

The S&P 500 slipped back into correction territory today, down 9.8% for the month—wiping out $2.4 trillion in value in its worst single-day drop since September 2022.

While crypto sometimes decouples from traditional markets, its 15% decline in market cap over the month shows it remains vulnerable to risk-off sentiment.

And when crypto bleeds, meme coins often bleed more. Their speculative nature has driven losses deeper—down 16.5% for the month.

Since the tariff war began in early February, meme coins find themself increasingly susceptible to volatility under heavy market FUD.

Despite the threat to meme coins, Pepe’s setup is unique. Its resilience this month stems from a key historical support that has marked every major bottom since mid-2024.

Pepe nears a potential confluence zone where this support meets the resistance that has capped upside attempts throughout its 4-month downtrend.

If this level holds, PEPE could retest the resistance—part of a falling wedge pattern that guided price movements since early December.

Still, momentum remains questionable as the Relative Strength Index (RSI) struggles to break above the neural line. While it displays an uptrend, it seems to lack follow-through.

More so, the MACD line has slipped below the signal line in a death cross, though this may be short-lived—as has been the case with past tests of this support zone.

If stronger buying pressure emerges, a breakout targets highs around $0.00002, marking a 160% gain from current levels.

But given the prevailing bearish conditions, a more realistic near-term target sits at February’s high of $0.00001—a 50% move from here.

While the market remains weighed down by FUD, few coins are catching tailwinds. Investors who back the wrong horse are missing out on scarce high-gains opportunities.

That’s where MIND of Pepe ($MIND) steps in, giving traders a chance to get in early and stay ahead of high-gaining opportunities.

The Mind of Pepe AI will actively engage with the crypto community through X—driving conversations, uncovering alpha opportunities, and delivering exclusive, token-gated insights.

Inside its Telegram community, holders get early access to high-potential tokens before they hit the market, keeping them ahead of the curve.

At the time of writing, MIND has raised over $7.8 million in its ongoing presale, capitalizing on the Pepe brand and one of this cycle’s strongest meme coin narratives: AI agents.

You can keep up with MIND of Pepe on the mentioned socials, or join the presale on the MIND of Pepe website.

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