
{"id":38470,"date":"2025-01-23T17:49:33","date_gmt":"2025-01-23T17:49:33","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=38470"},"modified":"2025-01-23T17:49:33","modified_gmt":"2025-01-23T17:49:33","slug":"meme-coin-momentum-fades-after-trump-inauguration-but-wall-street-pepe-ico-continues-to-pump","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=38470","title":{"rendered":"Meme Coin Momentum Fades After Trump Inauguration but Wall Street Pepe ICO Continues to Pump"},"content":{"rendered":"<p>The meme coin hype is cooling after Donald Trump\u2019s inauguration celebrations.<\/p>\n<p>Over the past 24 hours, big names like DOGE, PEPE, and SHIB have taken a nosedive.<\/p>\n<p>But while most meme coins are selling off, one project continues to impress \u2013 Wall Street Pepe (WEPE).<\/p>\n<p>Its ICO has passed $57 million in early contributions, setting the stage for a highly-anticipated exchange debut in just over three weeks.<\/p>\n<h2>Meme Coin Market Sees Major Correction as Trading Volumes Plummet<\/h2>\n<p>Nearly every major meme coin is in the red right now.<\/p>\n<p>What started as minor profit-taking has snowballed into a broader sell-off, dragging the meme coin sector\u2019s market cap back <a href=\"https:\/\/coinmarketcap.com\/view\/memes\/\" target=\"_blank\" rel=\"noopener\">to $102 billion<\/a>.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Picture1-28.png\"><\/a><\/p>\n<p>Meanwhile, trading volumes have dropped by more than 50% since yesterday.<\/p>\n<p>Tokens that were rallying earlier in the week are now feeling the heat.<\/p>\n<p>SHIB is down 2%, DOGE has dropped 4%, and TRUMP coin \u2013 last weekend\u2019s breakout star \u2013 has plunged 14%.<\/p>\n<p>But the biggest loser is AI16Z, down 25% in the past 24 hours.<\/p>\n<p>The only real standout was PENGU \u2013 managing to post a small gain.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Picture2-29.png\"><\/a><\/p>\n<p>This kind of pattern is nothing new in the meme coin space, where sharp corrections often follow massive rallies.<\/p>\n<p>Still, not everyone is spooked by the price action.<\/p>\n<p>Well-known meme coin trader<a href=\"https:\/\/x.com\/MustStopMurad\/status\/1882096378836664323\" target=\"_blank\" rel=\"noopener\"> Murad<\/a> called the sell-off an \u201copportunity of a lifetime\u201d for those willing to stomach the volatility.<\/p>\n<h2>Crypto Market Sells Off While Bitcoin ETF Inflows Drop<\/h2>\n<p>The broader crypto market is also showing some cracks.<\/p>\n<p>Bitcoin has slipped to $101,800, Ethereum is down to $3,200, and XRP has dropped to $3.<\/p>\n<p>LINK took the biggest hit among the top altcoins, falling 6% since yesterday.<\/p>\n<p>Things are clearly cooling off \u2013 and total spot trading volumes have slumped 16%, with<a href=\"https:\/\/coinalyze.net\/bitcoin\/open-interest\/\" target=\"_blank\" rel=\"noopener\"> open interest<\/a> also dropping.<\/p>\n<p>At the same time, demand for the spot Bitcoin ETFs is fading slightly.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Picture3-19.png\"><\/a><\/p>\n<p>Total inflows<a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\" target=\"_blank\" rel=\"noopener\"> dropped 69%<\/a> yesterday to $248 million, and BlackRock\u2019s IBIT fund was the only one to see meaningful gains.<\/p>\n<p>GBTC led the way in terms of outflows with $47 million.<\/p>\n<p>Some analysts believe this is a \u201csell the news\u201d moment, claiming Trump\u2019s inauguration buzz was already priced into the market.<\/p>\n<p>The optimism around this colossal event may have already run its course.<\/p>\n<p>However, things change fast in crypto \u2013 so even though the market is red today, it could quickly flip green tomorrow.<\/p>\n<h2>Wall Street Pepe ICO Passes $57M Despite Market Downturn \u2013 Next Big Meme Coin Opportunity?<\/h2>\n<p><a href=\"https:\/\/cryptopotato.care\/b_wspepe-en_662?referrer=meme-coin-momentum-fades-after-trump-inauguration-but-wall-street-pepe-ico-continues-to-pump\" target=\"_blank\" rel=\"noopener\">Wall Street Pepe\u2019s ICO<\/a> is defying all this bearishness.<\/p>\n<p>The project has now raised over $57 million, and more than $1 million is coming in daily \u2013 even as the broader market sells off.<\/p>\n<p>With the ICO running until February 16, Wall Street Pepe\u2019s momentum does not show signs of stopping.<\/p>\n<p>So, why all the hype?<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Picture4-9.png\"><\/a><\/p>\n<p>For starters, the project has positioned itself as an aid for retail traders, targeting the dominance of crypto whales in the meme coin space.<\/p>\n<p>That approach is hitting home, as evidenced by Wall Street Pepe\u2019s<a href=\"https:\/\/t.me\/WEPEtoken\" target=\"_blank\" rel=\"noopener\"> Telegram channel<\/a> reaching 17,300 subscribers.<\/p>\n<p>The project\u2019s<a href=\"https:\/\/x.com\/wepetoken\" target=\"_blank\" rel=\"noopener\"> Twitter following<\/a> has also exploded recently.<\/p>\n<p>Wall Street Pepe\u2019s team will give WEPE holders access to market insights, trading tools, and real-time signals.<\/p>\n<p>They\u2019ll also host trading competitions where the winners receive WEPE prizes.<\/p>\n\n<div class=\"embed\"><\/div>\n<p>And if that wasn\u2019t enough, there\u2019s even a built-in staking app for WEPE, offering higher yields than most<a href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-staking-coins\/\" target=\"_blank\" rel=\"noopener\"> crypto staking coins<\/a>.<\/p>\n<p>Big-name YouTubers have praised the project\u2019s setup.<\/p>\n<p>For example,<a href=\"https:\/\/youtu.be\/-DqDNchBprM?si=_we2uwFQfprozUjc\" target=\"_blank\" rel=\"noopener\"> NASS CRYPTO<\/a> released a video about Wall Street Pepe last month, which has been viewed over 86,000 times.<\/p>\n<p>Given that he has more than one million YouTube subscribers, his endorsement has given the project a massive boost.<\/p>\n<p>So, with 24 days left in its ICO, things are looking positive for Wall Street Pepe.<\/p>\n<p>Despite the ongoing meme coin sell-off, WEPE seems to be holding up quite well.<\/p>\n<p><a href=\"https:\/\/cryptopotato.care\/b_wspepe-en_662?referrer=meme-coin-momentum-fades-after-trump-inauguration-but-wall-street-pepe-ico-continues-to-pump\" target=\"_blank\" rel=\"noopener\">Visit Wall Street Pepe ICO<\/a><\/p>\n<p><strong>Disclaimer<\/strong><em>: The above article is sponsored content; it\u2019s written by a third party. CryptoPotato doesn\u2019t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.<\/em><\/p>\n<p><em>Readers are also advised to read CryptoPotato\u2019s\u00a0<a href=\"https:\/\/cryptopotato.com\/disclaimer\">full disclaimer<\/a>.<\/em><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/meme-coin-momentum-fades-after-trump-inauguration-but-wall-street-pepe-ico-continues-to-pump\/\">Meme Coin Momentum Fades After Trump Inauguration but Wall Street Pepe ICO Continues to Pump<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The meme coin hype is cooling after Donald Trump\u2019s inauguration celebrations. Over the past 24 hours, big names like DOGE, PEPE, and SHIB have taken a nosedive. But while most meme coins are selling off, one project continues to impress \u2013 Wall Street Pepe (WEPE). Its ICO has passed $57 million in early contributions, setting [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":38471,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-38470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/38470"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38470"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/38470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/38471"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}