news 
Pepe (PEPE) Defies Market Sentiment With 6% Surge After Interaction From Elon Musk: Details
Despite the broader meme coin market experiencing a downturn, Pepe (PEPE) has managed to defy expectations by surging 6% in value over the past day. This sudden price increase comes shortly after an interaction with none other than Elon Musk.
The remarkable upswing occurred amid a backdrop of negative sentiment within the meme coin sector. Many tokens have been hit hard, with Shiba Inu (SHIB) plummeting by 6%, while dogwifhat (WIF) has dropped 9%. On the flip side, PEPE has bucked this trend, charting a significant upward trajectory.
The surge in PEPE’s value could be linked to a recent interaction between Elon Musk and the token. The CEO of Tesla and SpaceX changed his profile picture on X with a frog dressed as a Roman soldier. The said frog is none other than Kekius Maximus, which shares an uncanny resemblance with PEPE.
This unexpected move has seemingly had a profound impact on PEPE’s price action, resulting in the token eclipsing $8 billion in market capitalization once more.
Source: cryptopotato.com
