$PEPE Coin, like many other meme coins, often gains attention and value through social media hype and endorsements from influential figures. Elon Musk, known for his significant influence on cryptocurrency markets through his tweets and public statements, has occasionally mentioned or indirectly referenced various meme coins, including Dogecoin and Shiba Inu. However, as of my last update in July 2024, there is no direct connection between Pepe Coin and Elon Musk.
#PEPE Coin is inspired by the popular internet meme "Pepe the Frog," and its value is largely driven by community interest and speculative trading rather than any formal endorsement or involvement from Elon Musk. That said, the cryptocurrency market is highly volatile and influenced by social media trends, so any future mention or endorsement by Musk could potentially impact Pepe Coin's value. Always exercise caution and conduct thorough research before investing in any cryptocurrency.