Elon Musk Strikes Again: PEPE Takes the Limelight While DOGE Maintains Its Upward Trajectory

The crypto market is buzzing with excitement as Elon Musk's latest move pushes Pepecoin (PEPE) into the limelight. It sparked a surge in the PEPE price

Elon Musk, the CEO of SpaceX and Tesla, is known for his X profile, which often features cryptic messages or references to his current interests. In his latest move, Musk has changed his X profile once again, sparking speculation and excitement within the cryptocurrency community.

The technology entrepreneur has renamed himself Kekius Maximus, a clear nod to the popular Pepe the Frog meme, which also serves as the inspiration for the recently launched meme coin, PEPE.

In his X post, Musk also referred to the online game Path of Exile, where reaching level 80 is a significant accomplishment. However, he does not explicitly mention any cryptocurrencies or meme tokens in his post.

After Elon Musk's action, the coin with a frog motif, PEPE, soared on the chart. On the weekly chain, PEPE surged over 14% from the daily low of $0.00001779 to $0.00002062.

The price movement of the meme coin showed a consistent increasing trend, with a high of $0.00002062 and a low of $0.00001779 for the day. At press time, Pepe was trading at $0.00002062, with an uptick in its trading volume suggesting strong trader interest.

Technical indicators also supported PEPE's upward trajectory. The 4H Moving Average Convergence Divergence (MACD) approached a bullish crossover with the signal line, suggesting a potential revival in buying pressure.

Furthermore, the Relative Strength Index (RSI) of 62 indicated that PEPE's gains had additional capacity before reaching overbought conditions.

Dogecoin, the original meme cryptocurrency, continues to generate interest and trades above key levels. After a remarkable 250% price increase in 2024, DOGE prices rose by about 10% in 2025. Market analysts offer their predictions on whether bulls can continue DOGE's upward trajectory this week, extending its impressive resilience.

After a downturn of over 50% from its peak, Dogecoin (DOGE) prices recovered and are currently trading above $0.35, showing a 2.36% increase over the previous day.

At press time, the price of DOGE, which ranked seventh among cryptocurrencies, showed endurance despite trading 54.01% lower than its peak of $0.7376 (reached on May 8, 2021).

The meme coin has successfully completed a retest of the crucial wedge resistance, indicating the possibility of an upward breakout. This technical pattern is often associated with price acceleration, in line with Dogecoin's projected rise to higher levels.

If positive momentum returns, the Dogecoin price could rise past $0.35, with $0.50 and $0.73 as potential targets. If DOGE breaches these levels, it may start to move in the direction of $1. However, if bears regain control, the price could drop below $0.30, indicating a more significant downturn.

On the 4-hour chart, the Relative Strength Index (RSI) was at 63, suggesting a positive outlook but approaching overbought conditions. This may indicate that the bulls might be shifting their focus away from DOGE and toward other altcoins on the list, such as DTX.

From ICO to Innovation: Why DTX Is the Talk of the Crypto World

DTX Exchange (DTX) is an upcoming platform that aims to revolutionize the traditional finance market with its innovative approach. It brings together over 100,000 commodities, including stocks, ETFs, bonds, forex, and cryptocurrencies, under one roof, saving its users from the hassle of navigating multiple platforms to manage different assets.

The platform is powered by its own layer-1 blockchain, VulcanX, which connects financial assets of all eras. DTX recently launched its testnet, revealing an estimated speed of over 100,000 TPS, setting a record for being one of the fastest in the industry.

Further highlighting its offerings, DTX Exchange offers leverage of up to 1000x, meaning that even an investment of $100 can access maximum liquidity. This stands out as an appealing feature, especially for traders who value efficiency and speed.

The platform also boasts the recent launch of its Phoenix Wallet, a secure and non-custodial solution for holding all your assets in one place.

The concept behind the platform, combined with these innovative offerings, has resonated strongly with the broader market of investors and traders, generating a palpable buzz around the project.

Bulls now seem to be moving away from the meme coin darling Dogecoin as DTX Exchange (DTX) picks up momentum. Currently in its presale phase, DTX has already secured over $11.