Known for his interest in Dogecoin, the biggest meme token, Elon Musk can turn the altcoin market upside down with his posts on Twitter.
Musk, who has shared DOGE many times before, can also be very effective on other coins with the shares he makes from time to time.
Elon’s last post contains an image containing the PEPE token character. After this image sharing, it was seen that PEPE coin experienced an increase of about 5 percent.
Explaining Constitutional Amendments pic.twitter.com/oYkMPBe9Zi
— Elon Musk (@elonmusk) May 13, 2023
After the post, PEPE’s graph reacted like this: