Elon Musk, the renowned founder and billionaire behind Tesla, continues to wield his influence on cryptocurrency markets, and this time, he’s directing his attention toward PEPE coin.
In a recent tweet from his official Twitter account, Elon Musk shared an image featuring the well-known PEPE token. Musk’s track record of impacting cryptocurrency prices with his social media posts is evident, as seen in his previous boost to the meme token Milady. Now, he has turned his spotlight on the “Pepe the Frog” meme associated with the PEPE coin.
As anticipated, Musk’s latest post has triggered a notable surge in the price of PEPE. The token experienced a remarkable increase, soaring to as high as $0.00000191 within the past 24 hours – a substantial 49% surge. Currently, PEPE is trading 48% above its lowest point in the last 24 hours, marked at $0.00000115. At the time of this writing, the trading value for PEPE stands at $0.00000183.
Elon Musk, who has previously exhibited his influence by sharing posts about DOGE, continues to showcase his substantial impact on various tokens through his social media presence. This latest post featuring the PEPE token character further emphasizes Musk’s ability to sway cryptocurrency markets with his online engagements.
