Elon Musk has been influencing the cryptocurrency market with his social media posts. In March 2023, a tweet featuring a Pepe meme caused the price of the PEPE token to surge 12.2% in just one hour, surpassing $0.000009.¹ Additionally, in May 2023, another tweet featuring a Pepe meme caused the cryptocurrency to surge 26%, with gains of 49% on the day, pushing PEPE to the 57th position in the market.² These posts demonstrate Musk’s influence on the cryptocurrency market.$PEPE