February 5, 2025
Cryptocurrency News

Trump’s Tariff Pause Sparks Crypto Rally—What It Means for Memecoins

Bitcoin (BTC) reclaimed $99,000, XRP surged 40%, and Ethereum (ETH) bounced back above $2,700 after a volatile weekend sell-off. The catalyst could be a temporary pause on Trump’s newly imposed tariffs on Mexico, following an agreement with Mexican President Claudia Sheinbaum to strengthen border security.

This policy shift has injected fresh optimism into the crypto space. As Bitcoin, Ethereum, and Solana rally, memecoins could be next in line for explosive gains. Could this be the beginning of a meme coin resurgence? Let’s dive into what this means for the market’s most volatile assets.

XYZVerse Stands Out as the First All-Sports Meme Coin

XYZVerse is emerging as a strong contender in the meme coin arena. As the first sports-driven meme coin, it combines the passion of sports fandom with the viral appeal of memes — a unique concept that could appeal to a broad audience.

The value of meme coins comes from a dedicated community and a popular idea, not from their utility. They are about enjoyment. XYZVerse has tapped into the universal appeal of sports with their idea; sports connect with people, whether they are fitness enthusiasts, casual fans, or simply enjoy watching games with friends.

The bold narrative employed by XYZVerse implies that it aims to become the Greatest of All Time (G.O.A.T.) meme coin. This ambition is already gaining traction, as the project has recently secured the title of Best New Meme Project.

XYZVerse currently runs a presale of the $XYZ token. It is structured in 15 stages, and while $XYZ was offered at $0.0001 at the first stage, now in the tenth stage its price is $0.002. By the end of the presale, the project plans to raise the price to $0.1.

XYZVerse was developed with sustainability and growth as primary objectives. The project is establishing a solid foundation for long-term success through plans for major centralized and decentralized exchange listings and audited smart contracts.

XYZVerse’s pioneering status within the all-sports niche makes it a compelling option for investors seeking undervalued cryptocurrency with the potential for substantial future gains.

Get in Early and Score the Best Deals with XYZVerse

Shiba Inu (SHIB)

Shiba Inu (SHIB) has seen significant price changes recently. In the past week, its price dropped by 16.33%. Over the past month, it fell by 34.73%. However, over the last six months, SHIB’s price increased by 23.29%. This shows both volatility and potential in the market.

Currently, SHIB trades between $0.00001358 and $0.00001856. The nearest support level is at $0.00001165. If the price drops below this, it might reach the second support at $0.000006676. On the upside, the nearest resistance level is at $0.00002161. Breaking above this could lead SHIB to the second resistance at $0.00002659.

Technical indicators give mixed signals. The 10-day simple moving average is $0.00001555, below the 100-day average of $0.00001695. This suggests a short-term downtrend. The Relative Strength Index is at 52.72, indicating a neutral market. The MACD level is negative, hinting at bearish momentum. However, the stochastic value is 35.64, showing potential for upward movement. Based on this data, SHIB’s price might continue to fluctuate in the near term.

Pepe (PEPE)

PEPE’s price has been volatile recently. It dropped by 20% in the past week and over 50% in the last month. However, it has also grown by approximately 42% over the past six months.

Currently priced between $0.0000089 and $0.0000136, PEPE is below both its 10-day simple moving average ($0.0000100) and 100-day average ($0.0000117). The relative strength index (around 53) and stochastic value (about 43) both indicate neutral market conditions.

To regain upward momentum, PEPE needs to break through the resistance level at $0.0000166, approximately 20% higher than its current upper price range. If the price falls, it may test the support level at $0.0000070, about 20% lower than its current lower price range. Traders are closely monitoring these levels to predict PEPE’s next move.

Bonk (BONK)

Bonk (BONK) has seen significant price swings lately. Over the past week, the price dropped by 28.11%, and in the last month, it declined by 47.25%. Yet, over six months, the coin is down only 1.49%, indicating some long-term resilience despite short-term declines.

Currently trading between $0.00001575 and $0.00002501, Bonk faces a nearest resistance at $0.00003081 and support at $0.00001229. The 10-day simple moving average is $0.00001829, while the 100-day average is higher at $0.00002121, showing mixed trends. An RSI of 51.34 places Bonk in a neutral zone, not overbought or oversold.

Technical indicators suggest possible movement ahead. The Stochastic at 36.11 may signal room for upward momentum. The MACD level is slightly negative at -1.334e-7, hinting at bearish sentiment but could reverse. Breaking above resistance could target $0.00004007, marking a significant percentage gain. Falling below support might lead to a drop toward $0.000003033, a substantial decrease. Traders are watching these levels to predict Bonk’s next direction.

OFFICIAL TRUMP (TRUMP)

The OFFICIAL TRUMP coin has seen significant price fluctuations recently, with a 36.65% drop in the past week, trading between $16.22 and $28.10. However, there has been substantial longer-term growth, with a 365.58% surge over the past month and six months.

Technical indicators for TRUMP present a mixed picture. The Relative Strength Index (RSI) is currently at 45.88, indicating neither overbought nor oversold conditions. The 10-day Simple Moving Average (SMA) is $17.33, which is lower than the 100-day SMA of $20.90 – this could suggest a potential downward trend. Additionally, the MACD level at -0.4824 and the stochastic value at 31.98 hint at possible bearish momentum.

Looking ahead, resistance levels are at $35.20 and $47.08. If TRUMP’s price breaks through these levels, it could signal further gains. Conversely, the nearest support level is at $11.44, and a drop below this point could lead to further declines. Based on recent data, TRUMP may experience volatility, but the significant growth over the past month suggests potential for future price increases.

Conclusion

While SHIB, PEPE, BONK, and TRUMP coins gain momentum, XYZVerse (XYZ) emerges as a pioneering memecoin, uniting sports fans and aiming for massive growth as the “G.O.A.T of all memecoins.”

You can find more information about XYZVerse (XYZ) here:

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