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Elon's Pepe Embrace Ignites Meme Coin Frenzy Amid Whale Moves

Pepe USD has experienced a significant price surge today, driven by a combination of market excitement and strategic moves by influential figures. Elon Musk's recent change of his X (formerly Twitter) name to "Kekius Maximus" and his profile picture to Pepe the Frog has sent ripples through the meme-coin community, sparking a wave of trading activity. This move by Musk, known for his influence on meme coins, has led traders to jump on the hype, contributing to the increased trading volume and price movement of Pepe USD.

Adding to the market dynamics, a notable transaction involving a Pepe Coin whale has further fueled speculation. The whale, who turned a $3,000 investment into a $51.25 million profit, recently deposited 500 billion PEPE into Coinbase. This large deposit has raised concerns about a potential sell-off, which could lead to price fluctuations. Despite these concerns, the increased trading volume suggests heightened investor interest in Pepe USD's trajectory, as market participants closely monitor the whale's actions for cues on future price movements.

The current price of Pepe USD is $0.000013, marking a 10.28% increase today. The cryptocurrency reached a high of $0.000013 and a low of $0.000011 during the day.