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Crypto Market News: Just when the crypto market has been speculating about whether or not the continued memecoin season has peaked, billionaire Elon Musk joined the social gathering with an oblique point out of Pepe Coin in a meme. This got here hours after Musk shared the information of Linda Yaccarino taking cost as the brand new Twitter CEO. Earlier, CoinGape reported that the brand new CEO was additionally believed to be a meme coin fanatic, a trait that might go a good distance in serving to the crypto dealer group.
Also Read: Ethereum Clients Release Crucial Updates As Blockchain Suffers Two Outages in 24hrs
Meanwhile, the Tesla CEO shared a meme with apparent deal with the constitutional amendments within the United States. However, what caught the eye was that the “Pepe the frog” character inside the meme, in what might be an oblique trace of help from Musk, in the back of his well-known help for one more memecoin Dogecoin (DOGE) moreover mentions of Shiba Inu (SHIB) and Floki Inu (FLOKI) in his tweets.
Elon Musk Mentions PEPE Coin Frog
Musk used the Pepe frog character in his meme put up explaining about constitutional amendments. Responding to this, the official Pepe Coin account said, “seize the memes of production.” It was alongside the traces of fashionable phrase “Seize the Means of Production.” In response to the Elon Musk point out of the frog, the PEPE Coin value shot up instantly.
Also Read: US Bank Deposits Continue To Fall, What It Means For Bitcoin?
The offered content material could embody the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty on your private monetary loss.
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