๐ Elon Musk and $PEPE Coin: The Meme That Moves the Market ๐ฐ
Elon Musk, known for his influence in the cryptocurrency market, recently changed his name on X (formerly Twitter) to "Kekius Maximus" and updated his profile picture to an image of "Pepe the Frog" dressed as a Roman soldier ๐ธโ๏ธ.
This action sparked speculation about a potential endorsement of the PEPE Coin, leading to a 12% surge in the token's value ๐.
Although Musk has not explicitly supported PEPE Coin, his actions often impact the market, particularly memecoins like Dogecoin and Shiba Inu ๐๐ฅ. However, remember: investing in memecoins is highly volatile and speculative, so caution is key โ ๏ธ.
๐ Sources:
Economic Times
U.Today
Cinco Dias
๐ What about you? Do you think the memecoin market still has room to grow, or is it just speculation? Let us know in the comments! ๐