Elon Musk's recent sharing of PEPE-related images is likely connected to his involvement with the AI company xAI and its new image-creation program, Grok. Musk's retweets of visuals created by users using Grok often feature the meme coin PEPE, which has gained significant popularity in the crypto space.
PEPE, originally a comic character created by Matt Furie in 2005, has become a major meme coin in the crypto world, with its value increasing by more than 1500% in the past year. While Musk has been known for his association with Dogecoin, his recent focus on PEPE could be a strategic move, possibly tied to his interest in meme coins and their growing influence.
It's also noteworthy that Musk has avoided sharing images related to Dogecoin recently, choosing instead to highlight PEPE. This move, combined with his promotion of Grok's image creation tools, indicates that Musk may be exploring or endorsing PEPE as a prominent figure in the meme coin space.
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