— Elon Musk (@elonmusk) April 9, 2025
The PEPE meme coin experienced an extraordinary surge, rising more than 5% to reach $0.056696 within a 24-hour period, following a bizarre post by Elon Musk on his personal X account. This occurred on Thursday, October 4th, precisely at 1 AM. Just 20 minutes after Musk shared the iconic frog meme, the value of PEPE climbed even higher, peaking at $0.057108. This wave of enthusiasm stemmed from a significant rise in the stock market, which was linked to Trump's recent decision to implement a freeze on trade tariffs for 90 days with several countries, excluding China. The crypto community buzzed with excitement in response to Musk's tweet, flooding the comments section with a series of Pepe images. Among the creative renditions, some users humorously depicted Pepe as former President Donald Trump reveling in the bullish momentum of the cryptocurrency market.
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