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Cryptocurrency News Articles
Pepe Trump: A Meme Coin Project That Brings Memes Together to Generate Buzz Across the Market
Nov 05, 2024 at 10:10 pm
The 2024 elections have propelled the entire market into a PolitiFi token frenzy. Trump-themed tokens continue to entice investors, with some going above and beyond by blending two memes together.
The 2024 elections have brought a wave of PolitiFi tokens to the market. Among them, Trump-themed tokens have captivated investors, and some have taken the meme to the next level by merging two memes together.
That’s the story behind Pepe Trump. An amalgamation of Pepe and Trump, this meme coin project brings memes together to generate buzz across the market. With a price action that has been heavily manipulated, it is one of the leading meme coins that wears its comedic style on its sleeve. But can it succeed once the election ends?
What is Pepe Trump?
As far as the premise goes, Pepe Trump is straightforward. It showcases a Pepe-themed mascot with blonde hair and a MAGA hat. The idea behind this imagery is to mirror the growth of Pepe and the popularity of Trump during the 2016 election.
However, the token’s appeal is not only due to this imagery but also because of its airdrops. It has created its own ecosystem known as the Pepe World. This game rewards the top 10 players with 50,000 PEPE points every 24 hours. These points can then be used to acquire more Pepe Trump tokens.
This focus on game-based utility makes this project richer than other meme coins that only rely on the election for traction.
Pepe Trump Price History – Ripe with Heavy Signs of Manipulation
Pepe Trump’s price action appears to be heavily manipulated. As illustrated in the graph below, the token has exhibited recurring patterns since its launch in mid-July 2024.
It reached its all-time high in mid-August 2024, hitting $0.0017 before experiencing a sharp decline, resulting in a steep downtrend. Approximately two weeks later, the token’s price saw a slight uptick before undergoing another round of dumping.
Similar patterns have appeared on the price charts on three separate occasions. Each time, there has been a major surge followed by a dip, then another minor spike before another dip. Furthermore, each subsequent major surge has been smaller than the previous one.
The most recent price action shows that the token is making another move up, indicating that another surge is forthcoming, likely smaller than the previous one. The previous surge pushed the token to the $0.0007 mark.
This time, it is possible that the token could reach around the $0.00064 level.
At the time of writing Pepe Trump token is pumping right before the election results come in, although note CoinGecko displays a warning message for the token’s smart contract.
What is the Community’s Reaction to this Price Action?
Pepe Trump’s Twitter account has over 34K followers. However, even though the posts it has created are engaging, no comments are allowed.
Most of its repeated posts are about the pumps it may go through. For instance, its posts in September were about the “Big Explosive News Coming in September 2024.”
🚨 Big explosive news is coming in September! 🚀Get ready as $PEPE $TRUMP will be led to new victories! 💥👑 #PEPETRUMP #Victory #BigNews #SeptemberSurprise pic.twitter.com/Xj54rLTo0q
The recent tweets are of the same nature, except the hints are a lot more subtle.
pic.twitter.com/8moNlRZCwL
Therefore, it is clear that the community is aware of this token’s manipulated nature, but the project has cleverly not allowed others to talk about it.
Is Pepe Trump a Good Investment?
Pepe Trump’s price action is dubious. While it is common for most meme coin projects, since they are short-term assets, the pattern its price has created makes it look more like a pump-and-dump scheme, which makes it important for investors to stay a bit cautious, and as mentioned CoinGecko has flagged the token with its own warnings.
Furthermore, the lack of ability to engage with its community on Twitter and Facebook is another reason for people to be cautious about what this project has to offer. Therefore, unless a user review of this project arrives, we recommend looking for alternatives to this project.
FreeDum Fighters is a Transparent PolitiFi Token with Many Perks
While the dubious price action and lack of transparency surrounding the token make Pepe Trump a project around which users should remain very cautious, there are other alternatives on the market that are more transparent and have better upsides.
One such project to rally behind is FreeDum Fighters, a meme coin project that takes a satirical look at the U.S. presidential race and gives users two candidates, ones that are bound to blockchain.
There is MAGATRON on one side, a Trump-inspired cyborg that aims to free the people from the government’s clutches and give them a vision to follow. On the other side is Kamacop,
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