FARTCOIN, POPCAT, MOG up double-digits after Trump tariff pause
Samecoins like Fartcoin, Popcat and Mog have seen strong gains while investors adopted a feeling of risk after President Donald Trump’s decision to relieve some of his difficult tariff policies, which started a wider market rally.
According to Coingecko, Fartcoin (Fartcoin) increased by 43.5%, reaching a market capitalization of 10 weeks of $ 731 million. Popcat (Popcat), The ket (ket) and the gray pieceKITTY) were not far behind, jumping 28.6%, 26.2%and 24.1%respectively.
Even the biggest names like Dogecoin (DOGE) and Shiba Inu (Salogner) saw a boost – the right one increased by 9.5%, Shib won 10.5%and Pepe climbed 9.5%. Overall, the same market jumped 10.6% in the last 24 hours, bringing total market capitalization to $ 46.8 billion.
The rally started after Trump announced on April 9 via Truth Social that it was break its aggressive tariff policies recently announced for 90 days. It has also temporarily lowered the reciprocal rate to 10% while commercial negotiations continue.
A week earlier, Trump had slapped a universal tariff of 10% on all imports and had planned to increase the prices on goods in 57 countries from April 9. Despite yesterday’s break, the prices on Chinese imports reached 125%, adding more tension between the United States and China.
That said, the Chinese Minister of Commerce, Wang Wentao, said They are open to resolving things through negotiations, which granted investors a certain relief. This brought in relief to investors who have taken a feeling of risk while the crypto fear and greed index increased by ten points to 25.
Even joined the Bitcoin (BTC), which continued to act as a dominant market force with a market share of 62.6% while it was over $ 83,000, while Ethereum (Ethn), the largest Altcoin, returned above $ 1,600. The total market capitalization of cryptography recovered from 5% to 2.68 billions of dollars during the same period.
However, with the Bitcoin domination that holds hard, most of the analysts agree that a real Altcoin season, where the capital is running in altcoins and the same see sustained and independent rallies, will not start before BTC begins to lose its grip.
Disclosure: This article does not represent investment advice. The content and equipment presented on this page are only for educational purposes.
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