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I just noticed that Elon Musk is once again working wonders in the crypto market! This time, he changed his profile picture on X to a PEPE frog meme, and here’s the result: the PEPE price surged by 3% in a short period of time. Currently, the coin is trading around $0.00 with a daily increase of +3.25%. The flow of money is just insane — nearly a billion dollars has flooded into this token.
But that’s not all. Musk changed his profile name to "Kekius Maximus," and almost immediately, a new meme coin called KEKIUS appeared. Over the past week, its price has jumped, although it has now retraced 7.43% and is trading at around $0.01. The coin is still only listed on decentralized exchanges, but it’s already attracting attention. It seems Elon Musk is creating meme coins just for fun — on the new avatar, the frog even holds a joystick.
Alongside this crypto craze, Musk has taken the lead in the U.S. government’s Department of Efficiency (D.O.G.E.) — tasked with saving $2 trillion in federal spending. Plus, there’s some tension with Germany — Chancellor Scholz isn’t thrilled with his political statements ahead of the February elections.
In short, Elon Musk is always in the spotlight — launching meme coins one moment, restructuring the government the next. The crypto community definitely isn’t bored!