Meme Coin Investment Sentiment Ignites on 'Tariff Easing Outlook'... Dogecoin Soars 14% Compared to Previous Day

The meme coin sector, known for its high volatility in the virtual asset (cryptocurrency) market, is showing strong intraday performance. It is analyzed that the investment sentiment for meme coins, considered risky assets, has strengthened as concerns over the US-China tariff war have been partially alleviated by President Donald Trump's remarks.

As of 9:36 AM on the 23rd (Korean time), according to CoinMarketCap, Dogecoin (DOGE), the leading meme coin, is currently trading at $0.1818, up 14.36% from the previous day. Other top meme coins, including Shiba Inu (+11.72%), Pepe (+18.08%), Official Trump (+12.54%), and Bonk (+24.86%), are also showing strong performance.

The easing of concerns over tariff policy is cited as a factor for the rise in meme coins. On the 22nd (local time), at the inauguration ceremony of Paul Atkins, Chairman of the Securities and Exchange Commission (SEC), held at the White House, President Trump, when asked about the current state of negotiations with China, said, "The U.S. is in a golden age, and China wants to be part of it," adding, "If we don't negotiate, we (the U.S.) will decide it and set the number."

However, strong measures against China are expected to be somewhat eased. When asked if he would take a strong stance in trade negotiations with China, President Trump said, "No. We will treat them very nicely, and they will act very well," adding, "We will see what happens. But eventually, they have to negotiate."

The tariff rate is also expected to be set lower than the previously known 145%. President Trump said, "145% is very high," adding, "We talked about fentanyl, and various other factors have accumulated to make it 145%," and "(During negotiations, the tariff rate) will not be that high, and it will go down significantly. However, it will not be zero (0%)."