PEPE surged 6% despite the downward trend of the meme coin market, with a market capitalization exceeding 8 billion USD. 📈

- While other meme coins like Shiba Inu (SHIB) and dogwifhat (WIF) experienced significant declines, PEPE recorded a remarkable revival.

- The growth of PEPE may be related to Elon Musk changing his profile picture on X to an image of a frog wearing Roman armor.

- This is not the first time Musk has influenced the meme coin market; previously, he supported Dogecoin (DOGE) and Floki Inu (FLOKI). 🐸

Blockchain and cryptocurrency continue to demonstrate their strength and potential in a volatile market environment.