Elon Musk's Pepe Meme Tweet Makes $1,000 a Fortune- Could PEPE 100x?
As per Musk's X (previously Twitter), he has single-handedly revived Pepe currency. Meme currency took a new dimension when he changed his name to “Kekius Maximus” and assigned himself a gladiator meme image playing video games.
He has an influence, as a result, the price of PEPE's cryptocurrency shot up by more than 11% immediately after his article.
The currency was advertised in April 2023 as a cross-border meme and entered the market with the help of the global meme ‘Pepe the Frog.'
Back in March 2024, Musk used a Pepe punchline to draw attention to First and Second Amendments for which he received applause on ‘for the people’ retail investment talks on PEPE.
PEPE traded at $0.000009332 March 13, 2024. This translates to an investment of 107,158,165.45 PEPE coins for a $1,000 London investment. Today, PEPE is $0.00002047, which increases investment back to 2,193.53 marking growth of 119.84% in a span of nine months.
PEPE (USDT) is down 7.50% in 24 hours to $0.000019 with a $2.88 billion trading volume. Despite this fall, 4-hour chart pattern shows an outbreak due to the symmetrical triangular formation.
Тhe initial resistance is $0.00002194. Other resistances relatively following it are $0.00002463 and $0.00002730.
On the contrary, immediate support is $0.00001892. Next in line is $0.00001721 and $0.00001446.
Elon Musk’s influence over the markets was displayed clearly when he supported PEPE’s price on X, which was later short lived considering PEPE’s market value boosted.
Taken investing in PEPE as an example if invested 1 thousand dollars 9 months ago you would have doubled up reaching 2193 dollars or 119.4 percent more.
#PEPE #btc2025 #ElonMusk #BTCXmasOrDip? #Memecoins $PEPE $DOGE $SHIB