In recent years, Elon Musk has shown how a single post can change the course of the cryptocurrency market. The most emblematic case was that of Dogecoin (DOGE), which saw its price soar after a series of tweets from the billionaire. Now, the market is speculating: could $PEPE follow the same path?
Musk's impact on the crypto market
Elon Musk, with his 150 million Twitter followers, has already proven that his support can turn meme coins into global phenomena. With Dogecoin, for example, he not only boosted the price, but also created a movement around the coin, even calling it “the people’s cryptocurrency.” In a short time, DOGE reached all-time highs, with an appreciation of more than 10,000% in 2021.