$PEPE Elon Musk and his MeMe coin

Understanding the development of memes, if there is someone who cannot be bypassed, then the number one person must be Musk. Musk has a close relationship with memes. It can be said that the current development of the current meme leaders Dogecoin and Pepe Coin is inseparable from Musk's propaganda. He has publicly supported Dogecoin and Pepe coins many times, and every tweet will surely trigger widespread discussion and attention. Since Dogecoin skyrocketed in the last bull market and reached the top ten in market capitalization, Musk's reputation and influence in the blockchain industry have reached its peak. One of his tweets can cause huge fluctuations in the price of meme, and sometimes even trigger Due to the craziness of the market, he has become one of the key targets of retail investors in the industry because he often posts tweets related to cryptocurrencies and memecoins on Twitter.

Musk currently has nearly 169 million followers on Twitter. A small number of people will keep an eye on his Twitter 24 hours a day in order to discover on-chain projects or mass-produce meme tokens for the first time. Each of his tweets is published, or Twitter When the display settings are changed, several idiots named after Twitter content will be generated on the chain (mainly in Ethereum) in just a minute or two. For some projects that have special significance or are mentioned repeatedly, the market value of the project may soar from dozens of dollars to tens of millions or even hundreds of millions of dollars in just a few days.

It seems that Musk really loves MeMe coin