Trump’s unexpected tariff pause has kicked off a memecoin revival—led by some of the internet’s most eccentric tokens. FARTCOIN, POPCAT, and MOG exploded into double-digit territory as traders leaned back into high-risk bets.
FARTCOIN was the breakout star, spiking 43.5% to hit a market cap of $731 million, according to CoinGecko. POPCAT followed with a 28.6% rally, while KET and MOG Coin climbed 26.2% and 24.1%, respectively.
Big Names Join the Party
It wasn’t just the newcomers. DOGE, SHIB, and PEPE all saw strong gains—DOGE up 9.5%, SHIB up 10.5%, and PEPE echoing with 9.5%. Altogether, memecoins surged 10.6% over the last 24 hours, pushing their combined market cap to $46.8 billion.
The Trigger: Trump’s Trade War Timeout
This rally came right after Trump hit pause on his controversial tariff hikes. In a Truth Social post on April 9, he announced a 90-day delay on broader tariffs and lowered reciprocal tariffs to 10% while trade talks continued.
Still, tensions with China remain high. The U.S. raised tariffs on Chinese goods to 125%, but Beijing’s openness to dialogue helped keep the mood optimistic.
Fear Eases, Greed Creeps In
The Crypto Fear & Greed Index rose by 10 points, landing at 25—still in fear territory, but far from panic.
BTC Dominance Still Holding Altcoins Back
Bitcoin reclaimed the $83K level, up 2.89%, and continues to control 62.6% of the total market. Ethereum popped above $1,600, helping lift the total crypto market cap 5% to $2.68 trillion.Analysts say the real altcoin season won’t arrive until Bitcoin cools off and capital starts flowing into mid- and small-cap tokens—including memecoins.
