- Twitter owner Elon Musk’s post increased memecoin by 10%.
- PEPE token gained momentum with Elon Musk’s post.
Another post by Twitter owner Elon Musk on Twitter today caused another memecoin to rise!
Elon Musk is at it Again: PEPE is Rising!
Early in the day, Twitter owner Elon Musk’s post containing images belonging to a memecoin caused the price to rise.
Elon Musk shared a tweet with the $PEPE token image. pic.twitter.com/iAso5lllA9
— CoinOtag EN (@coinotagen) May 13, 2023
The frog image in Elon Musk’s tweet actually belongs to a meme. This meme, called PEPE, has inspired the popular memecoin PEPE coin in recent times.
PEPE Price Rides the Wind!
Elon Musk’s post triggered a sudden surge in PEPE price and PEPE gained a 10% increase. At the time of writing, PEPE is trading at $0.00000184.
CoinOtag’s followers who first shared the news made huge profits from this news.
In the last 24 hours, the PEPE token price has risen by 38% and the volume has exceeded $870 million.
PEPE token, which experienced deep declines when listed on Binance exchange, managed to hold on and rise today.
