Tesla founder and billionaire Elon Musk continues to influence cryptocurrency prices. This time, he has set his sights on PEPE.
Tesla founder and billionaire Elon Musk made a new post on his official Twitter account. The post includes an image of the popular token PEPE. Musk's posts have had an impact on cryptocurrency prices in the past and continue to do so. Musk recently boosted the rise of the meme token called Milady with his post, and now he has shared the "Pepe the Frog" meme associated with the PEPE coin.
Elon Musk's latest post has increased the price of PEPE.
Elon Musk has previously shared DOGE multiple times and has a significant influence on tokens with his posts. His latest post features an image containing the PEPE token character.
Following Musk's post, the PEPE token experienced a significant surge, reaching as high as $0.00000191. This represents a 49% increase in the past 24 hours. PEPE is currently trading 48% above its lowest level in the past 24 hours, which was $0.00000115. As of the time of writing, PEPE is trading at $0.00000183.
This article is not investment advice. Anyone considering investing should do their own research and take their own risks.
