$PEPE
Pepe Coin (PEPE) has experienced a notable price increase today, largely attributed to Elon Musk's recent activity on social media. Musk changed his X (formerly Twitter) profile name to "Kekius Maximus" and updated his avatar to feature Pepe the Frog, a popular internet meme associated with the PEPE cryptocurrency.
This endorsement from Musk, known for his significant influence on cryptocurrency markets, has generated increased interest and excitement among investors and the crypto community. As a result, PEPE's value surged by approximately 12% following his profile update.
It's important to note that while such endorsements can lead to short-term price increases, the cryptocurrency market is highly volatile. Investors should exercise caution and conduct thorough research before making investment decisions.