CandleFocus Elon Musk Retweets Pepe Meme; Influencing Pepecoin Price
2024-12-09
Author: Content Editor
Tech mogul Elon Musk's retweet of a post featuring the popular meme 'Pepe the Frog' has caused a surge in the price of meme coin Pepecoin. The coin experienced a 0.81% increase in just one hour, reaching $0.0000277. The rally in Pepecoin has been attributed to growing expectations and Donald Trump's recent presidential victory. The coin has gained significant attention from both retail and institutional investors, with whales increasing their holdings by $1.4 billion, indicating strong confidence in Pepe's potential for further growth.
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