Pepe (PEPE) Defies Market Sentiment With 6% Surge After Interaction From Elon Musk: Details
Release: 2024/12/31 19:49 Reading: 848
TL;DR
In contrast to a wider decline in meme coins, PEPE experienced a 6% surge, with its market cap exceeding $8 billion. This resurgence followed Elon Musk's profile picture change on Twitter to a frog dressed as a Roman soldier.
PEPE's Revival
The recent crypto market correction has impacted the meme coin sector, with several tokens facing significant losses. However, PEPE defied this trend, posting a 6% price increase. The frog-themed token's market capitalization also surpassed $8 billion, securing its position as the third-largest meme coin.
src="/uploads/20241231/17356518116773f1e354e1b.png">
Elon Musk's Influence
PEPE's resurgence has been linked to Elon Musk's latest interaction on Twitter. The social media platform's owner updated his profile picture to Kekius Maximus, a frog wearing Roman armor.
Kekius Maximus is a meme coin operating on multiple platforms including Ethereum and Solana. Following Musk's endorsement, its price experienced a 550% surge in 24 hours. However, its market capitalization remains below $100 million.
Musk's history with meme coins includes his strong support for Dogecoin (DOGE). Last month, a 10% increase in DOGE's price was attributed to Musk's comments about establishing a Department of Government Efficiency (D.O.G.E.) if Trump won the elections.
In February 2023, Elon Musk mentioned Floki Inu (FLOKI) after posting a picture of his dog dressed as the CEO of Twitter. This resulted in a significant price boost for FLOKI.
Recent news
More>- Homosexual Pepe Solana Memecoin to Rally 18,000% Before Exchange Listing, While SHIB, BONK and DOGE Crash 01-01
- BTFD Presale Captivates Investors in the Best New Meme Coin Presales for Significant Returns as PEPE and SPX6900 Dominate the Scene Fuel the... 01-01
- Homosexual Pepe (HOMOPEPE) Solana Memecoin to Rally 18,000% Before Exchange Listing, While SHIB, BONK and DOGE Crash 01-01
- The Metrics Pointing to Massive Potential for WIF, JASMY, and PEPE in 2025 01-01
- BTFD Coin’s Presale is Unmissable Amid Pepe and Moo Deng’s Crypto Hype: Best Meme Coin Presales to Join This Week 01-01
- Homosexual Pepe (HOMOPEPE) Solana Memecoin to Rally 18,000% Ahead of Exchange Listing, While SHIB, BONK and DOGE Crash 01-01
- Crypto Gems for the Next Quarter: Top 5 Tokens to Watch 01-01
- Why $PEPE Jumped 20% Today And Which Coin Could Be Next 01-01
- Best New Meme Coins to Join for Short Term: BTFD Raises $4.7M in Presale as BONK Boasts Low-Cost Transactions and PEPE Enjoys Steady Followi... 01-01
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Missed Pepe Unchained? Don’t Worry, This New Pepe-Themed Meme Coin Will Produce Bigger Gains in 2025
- 8 Top 4 Altcoins At 70% Discounts – Last Chance!
- 9 Smart $Pepe trader makes $11.7M profit during Market Drop
- 10 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com