In the 2024 crypto bull run, Musk jumped in support of the Pepe token, instead of Dogecoin (Doge).
Elon Musk is the richest person in the world. He is the owner of popular electric vehicle manufacturing company Tesla, space missile manufacturing company SpaceX, social media platform X (formerly known as Twitter), Human brain cheap company Neuralink, and underground tunnelling system company The Boring Company.
On 13 March 2024, Elon Musk shared a meme with his followers on X. In that meme, he used a $Pepe token frog image.
However, he didn’t talk about Pepe token in any way but many people considered that Musk indirectly supported Pepe token in this bull run.
Furthermore, he used Ponzi & suspicious crypto token references to explain how the US Federal Reserve is badly handling the US dollar.
By considering all the factors, we can say that Musk is indirectly talking about meme crypto tokens but strangely he failed to pass any comment/tweet to support Dogecoin (Doge) which is his most loved crypto token.
Following Musk’s tweet, the trade price of the Pepe token pumped by 10% within a couple of hours. The current trade price of Pepe token is $0.00000891 & this trade price is 7.5% higher over the last 24 hours.
Amid this crypto bull run, the trade price of two types of crypto assets surged more rapidly over flagship crypto assets. In particular, all the artificial intelligence (AI) focussed crypto tokens as well as Former US president Donald Trump-inspired meme tokens showed big rallies in the last 5-6 months.
All these things are also very big proof that the trend of memes is in existence but here Crypto traders need to understand the best meme token in the crowd of all types of tokens, instead blind investment.
Read also: UAE police partners Cardano (ADA) to fight against criminals
Elon Musk indirectly supports the $pepe token
https://bitcoinik.com/elon-musk-indirectly-supports-the-pepe-token/feed/
https://bitcoinik.com/elon-musk-indirectly-supports-the-pepe-token/feed/
