$PEPE 's rally stalls as Musk's influence fades. Could this be the start of a bigger decline?

Pepe's value rose 7% in 24 hours to $0.0000207 as the cryptocurrency market recovered.

The New Year's Day rally helped PEPE recover from a difficult week, with the token's value rising 18% in seven days.

However, it rose just 1% in a month, raising concerns about whether it could recover to its all-time high in early December during the post-election recovery.

However, Elon Musk's brief use of Pepe in his X profile photo suggests the coin will rise strongly this year.

PEPE's recovery stalls as Musk's influence fades – could this be the start of a bigger decline?

PEPE were struggling to make it into the new year as Christmas Day was not a joy to behold.

After Elon Musk changed his X profile picture to Pepe, it recovered.

The price of PEPE fell again after the rally triggered by Musk, although it has risen 7.5% since hitting $0.00001915, its 24-hour low.

PEPE's 24-hour turnover increased from US$2 billion to US$2.3 billion in the early hours of this morning, reflecting this enthusiasm.