Frog-themed cryptocurrency $PEPE has surged 16% in 24 hours, climbing from lows of $0.00001767 to intraday highs of $0.0000214. This impressive rally is fueled by two major factors:
1️⃣ Elon Musk’s Influence
The Tesla CEO changed his X (formerly Twitter) name to “Kekius Maximus”, referencing Pepe the Frog.
His new profile picture—a Pepe meme holding a joystick—ignited excitement in the crypto community.
The timing of Musk’s move coincided with PEPE’s price rally, sparking market-wide attention.
2️⃣ Social Media Buzz
According to LunarCrush, $PEPE has seen a massive spike in social mentions, driving significant buying activity.
High engagement levels have amplified interest in the memecoin, adding to its upward momentum.
🚀 Performance Highlights
$PEPE is up 18% in 24 hours and 10% weekly, trading at $0.00002077 at the time of writing.
It’s currently 1,467% higher year-to-date, though down 26.41% from its all-time high of $0.00002825 on Dec. 9.
💡 What’s Next for PEPE?
PEPE’s surge shows the powerful impact of internet culture, celebrity influence, and community-driven momentum. With Musk’s indirect endorsement and heightened social activity, the memecoin might continue to attract attention.
Key Levels to Watch:
Resistance: $0.0000214 (today’s high)
Support: $0.00001767 (recent low)
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