If You Invested $1,000 In Pepe Coin When Elon Musk Shared A Meme Earlier This Year, Here's How Much You'd Have Today

PEPE coin (CRYPTO: PEPE) is soaring Tuesday after billionaire Elon Musk changed his name on social media platform X and his profile picture to an image of Pepe the Frog playing video games.

PEPE coin (CRYPTO: PEPE) surged Tuesday after billionaire Elon Musk changed his X name and profile picture to an image of Pepe the Frog playing video games.

What Happened: Pepe coin, which is based on the popular Pepe the Frog meme, launched in mid-April 2023 and quickly gained interest from the crypto community.

The number of holders for the meme coin quickly grew thanks to the built-in popularity and name recognition of the Pepe the Frog meme.

Don't Miss:

Coinbase’s latest promo gets you up to $200 in crypto (Seriously!) — Here's everything you need to know to take advantage of this offer.

Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share!

Robinhood, providing more accessibility for investors to buy it. The coin hit a new all-time high in December, following many cryptocurrencies that hit new all-time highs after the 2024 presidential election.

Because the meme is so well known, being used by the world’s richest person and most followed X account could help strengthen interest in the cryptocurrency.

Kekius Maximus on X in late December 2024, changing his profile picture to an image that appears to combine Pepe the Frog with a gladiator playing video games. The move led to the creation of a new meme crypto Kekius Maximus (CRYPTO: KEKIUS).

Trending: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?

This could have been an entry point for investors looking to buy Pepe based on Musk's potential future support.

Investing $1000 in PEPE Coin: Pepe coin trades at a high of $0.000009332 on March 13, 2024. A $1,000 investment at the time would have acquired 107,158,165.45 PEPE.