Ceasefire That Was Broken In Hours

President Donald Trump’s official meme coin experienced a notable 6% surge, reaching a $1.8 billion market cap on Tuesday, as the President announced his plea for a ceasefire between Israel and Iran.

The rally appeared to reflect positive market sentiment toward Trump’s handling of the crisis, even as hostilities between the two nations continued despite the truce.

Shortly after Trump’s plea for a ceasefire, both Israel and Iran resumed missile exchanges—prompting frustration from the President.

In a fiery statement to the media, Trump criticized both countries, saying,

“We basically have two countries that have been fighting so long and so hard that they don’t know what they’re doing.”

He specifically called out Israel for launching a significant airstrike shortly after the ceasefire was agreed, urging the nation to “not drop those bombs” and demanding that pilots return to base.

On Truth Social, Trump reiterated his plea

“ISRAEL. DO NOT DROP THOSE BOMBS. IF YOU DO IT IS A MAJOR VIOLATION. BRING YOUR PILOTS HOME, NOW!”

He later posted that “Israel is not going to attack Iran,” and that all aircraft would turn around and return home.

Market Applauds Trump's Call For Ceasefire

The Official Trump meme coin’s rally coincided with a broader crypto market rebound. Similarly, Bitcoin, Ethereum, Solana, and other major altcoins all saw gains following the prospect of de-escalation in the Middle East.

The Trump meme coin, which was often viewed as a speculative tracker of the President’s political fortunes, benefited from the heightened media attention and the perception that Trump’s assertive diplomacy was being well received by the public.

Trump has previously promoted the notion that his meme coin serves as an alternative to traditional polling, reflecting real-time public sentiment about his leadership and policy decisions.

In this case, the coin’s price action suggested a positive reaction to Trump’s ceasefire efforts and his forceful response to violations by both sides.

The latest escalation began on June 13, when Israel launched a large-scale airstrike on Iran, targeting nuclear and military facilities.

Iran retaliated with missile strikes on Israel, and the U.S. later joined the fray by bombing an Iranian nuclear site. Trump’s ceasefire announcement was intended to halt the violence, but both sides have since accused each other of breaking the truce.

Israeli officials claimed that Iran fired missiles after the ceasefire was announced, prompting Israel to vow a forceful response.

Iran, however, denied any violations. Trump, caught between two recalcitrant adversaries, expressed frustration but maintained that the ceasefire was still in effect and that Israel would not launch further attacks.

Market Continues To React To Geopolitical Events

Despite the ongoing missile exchanges and diplomatic finger-pointing, President Trump’s meme coin has become an unlikely barometer of public reaction to his foreign policy moves.

The coin’s recent surge underscores the market’s appetite for political narratives and its sensitivity to geopolitical developments—especially when they involve high-profile figures like Trump.

As the situation in the Middle East remains volatile, the world will be watching to see if the ceasefire holds—and whether the Trump meme coin’s momentum continues.