New Crypto Gains Attention Amid Trump’s Tariff-Induced Market Volatility
Trade tensions escalated as former President TRUMP imposed an additional 10% tariff on Canadian imports, citing a misleading TV ad aired during the World Series. The move exacerbates existing tariffs of 35% on most goods and 50% on steel and aluminum, further straining paused U.S.-Canada trade talks.
Market volatility has spurred interest in high-momentum cryptocurrencies, particularly meme-driven tokens like Maxi Doge, PEPENODE, and Dogeverse. These assets often attract capital during risk-on conditions as traders seek alternatives to traditional markets rattled by geopolitical friction.
The tariff announcement coincides with a Supreme Court case challenging presidential authority over trade policy. Such events historically drive capital toward decentralized assets, with crypto markets frequently benefiting from fiat currency uncertainty and institutional hedging activity.
