1. The post
Musk shared an image-only tweet with $PEPE
smoking, which quickly caught attention. It tapped into his established pattern of meme culture engagement and hinted at indirect crypto signals .
2. Market reaction
Despite high expectations, $PEPE coin only saw a modest gain of around 3% in the 24 hours following the post—reflecting a typical pre-existing uptrend rather than a dramatic surge linked solely to Musk’s meme .
3. Analysis
Crypto analysts suggest the subdued reaction may be because:
The tweet was indirect—just a meme image, no explicit callout to the PEPE token.
Markets increasingly expect celebrity posts and may be less prone to sudden, short-lived pumps .
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🚀 What this means if you're tracking PEPE:
Visibility but no guaranteed pump: Musk’s tweets still generate attention, but without a direct mention, the price reaction can be muted.
Caution advised: Meme coins like $PEPE go through rapid ups and downs. Treat such tweets as speculative signals—not solid investment advice.
Long-term trend matters: Monitor broader market trends and token fundamentals, not just social media activity.