Meme coins thrive on hype, and Pepe Coin ($PEPE) is no exception. Thanks to Elon Musk’s antics on X (formerly Twitter), the iconic meme-based cryptocurrency has seen yet another explosive rally. On December 2024, Musk changed his profile name to Kekius Maximus and used a Pepe-themed gladiator profile picture, sparking an 11% surge in $PEPE’s price within 24 hours.
But Musk’s influence on $PEPE isn’t new. Throughout 2024, he’s casually dropped Pepe memes, sending the token’s price soaring. Let’s break down how Musk’s tweets shaped Pepe’s meteoric rise and how much you could’ve made if you’d invested earlier this year.
Pepe Coin’s Explosive Journey
Launched in April 2023, Pepe Coin quickly captured attention with its meme appeal. By 2024, it had gained serious traction, even securing a listing on Robinhood. Riding the meme craze and major market events, ($PEPE)hit its all-time high in December 2024, boosted by post-election euphoria and Musk’s latest Pepe-themed stunt.
Elon Musk’s $PEPE Effect
March 13, 2024: Musk shared a Pepe meme on constitutional rights. On that day, ($PEPE)peaked at $0.000009332.
December 2024: Musk’s "Kekius Maximus" profile sparked renewed interest, rallying the coin’s price by 11% in just 24 hours.
$1,000 Investment in ($PEPE)– Then vs. Now
If you’d invested $1,000 in Pepe Coin on March 13, 2024, when Musk first fueled its momentum:
Purchase Price: $0.000009332
Coins Bought: 107,158,165.45 $PEPE
Current Price: $0.00002047
Value Today: $2,193.53
That’s a 119.4% return in just nine months!
What’s Next?
Meme coins remain high-risk, high-reward. While Musk’s unpredictable tweets can spark rallies, it’s crucial to stay informed and invest wisely. Will $PEPE hit new heights in 2025? Only time will tell.
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