World-class economist and global strategist Peter Schiff recently dropped a bombshell statement highlighting the turmoil in the crypto market following the tariffs issued by United States (US) President Donald Trump. According to Peter Schiff, who is a long-time crypto critic, “crypto is starting to crack,” driven by Donald Trump’s new tariff levy.
While this market crash has significantly affected top cryptos, smart investors are now buying into newer cryptocurrencies with less volatility and risks. Many have bought into the new FloppyPepe (FPPE) AI coin, as its utility and Matt Furie-backed narrative are sure bets for potential gains.
Peter Schiff Comments On Crypto Market After Donald Trump’s New Tariff Levy Triggers Crash
Donald Trump’s new tariff announcement took the global market by storm on Monday, 7th of April, 2025. The S&P 500 futures plummeted, and the Nasdaq 100 futures were not spared either. Initially, it appeared that the tariff levy by Donald Trump would not affect the crypto market, especially Bitcoin (BTC). However, the crypto market couldn’t hold tight.
As Peter Schiff pointed out, the crypto market took a huge blow. Peter Schiff, via X, mentioned that Ethereum (ETH) fell to its lowest level since October 2023, and Bitcoin (BTC) went lower than last week after Donald Trump’s announcement. Hours after the comment by Peter Schiff, the crypto market dipped further, as data from Coingecko shows Bitcoin (BTC) falling below $75,000 and Ethereum (ETH) trading below $1500.
While the crypto market did crack, as top economist Peter Schiff pointed out following Donald Trump’s new tariff policy, current data shows a gradual reversal as Bitcoin (BTC) climbed back to $80,000, Ethereum (ETH) rallied above $1,600, and the overall market surged 4.7%.
FloppyPepe (FPPE) Holds Strong Amid Fall
FloppyPepe (FPPE) crossed $1.4 million in its ongoing public presale, increasing by just 1.5% on Monday compared to its previous 5% rise due to the broader market decline. Being able to hold strong and record a decent rise amid the market fall indicates the strong market appeal of the AI coin.
Since the broader market is starting to reverse its decline, FloppyPepe (FPPE) is set to see increased buying pressure in the coming days. Moreover, its newly launched AI tools, such as the text-to-image Meme-o-Matic for creating memes and Floppy X for turning images into videos, are making waves.
These tools, set to put FloppyPepe (FPPE) on the top list of high-performing AI cryptos, are now available for beta testing. More than its collection of AI tools, the philosophy behind FloppyPepe (FPPE) is driving investors to make it their next investment.
More impressively, FloppyPepe (FPPE) is set to bring internet humor and meme influence to life by building a physical meme wall that will feature various artistic impressions, even meme art, from its community. This event, scheduled for when FloppyPepe (FPPE) hits the 100m market cap, will bring top artists together. Matt Furie, the inspiration behind Pepe (PEPE), and Brett (BRETT) are also expected to attend the event.
In addition to all these, FloppyPepe (FPPE) has developed a tokenomics model set to give 1% of all transactions on its network to support the conservation of animals like Hippos and some endangered species. The meme coin also gives back to its community by redistributing 3% of every transaction. Its staking and yield farming rewards, referral bonuses, frequent event rewards, and airdrops are more opportunities for token holders to make passive income.
Above all, smart money investors are impressed with its deflationary model of permanently removing 1% of every transaction to maintain value over time. Also, SolidProof’s successful audit of FloppyPepe’s (FPPE) smart contract has given these investors confidence to join its low-priced presale, which is going for just $0.0000002.
Takeaway
Although President Donald Trump’s new tariff announcement hit the traditional and crypto market hard, causing Economist Peter Schiff to believe cryptocurrencies are cracking, the fall is starting to fade. However, what is certain is that joining the FloppyPepe (FPPE) presale now, while it’s trading at $0.0000002, presents a sure way to make a profit in the next rounds when its price increases.
Join the FloppyPepe (FPPE) presale and community:
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