The price of the frog-themed cryptocurrency PEPE has surged by 16% in the past 24 hours. This surge coincides with Elon Musk's recent activity on social media, where he changed his Twitter name to "Kekius Maximus" and replaced his profile picture with the popular "Pepe the Frog" meme. Musk's actions are known to have a significant impact on the cryptocurrency market, leading to increased buying activity for PEPE. Additionally, PEPE has seen a high level of social media engagement, which may have contributed to its price increase. Yearly, PEPE has increased by 1,467% but is currently down from its all-time high reached on December 9th.
- Content Editor ( u.today )
- 2024-12-31
PEPE Skyrockets 16% in Hours; Here Are Two Reasons