PEPE is seeing a significant upswing as the world’s richest man and notorious meme king, Elon Musk, has revamped his profile with a Roman-themed Pepe the Frog image called “Kekius Maximus.”
However, this is not Musk’s first tweet about Kekius Maximus. With many tweets about the gladiator-like frog earlier this month, Musk alone drove PEPE’s price to a record high.
The last time Musk fell in love with Kekius Maximus, PEPE soared to an all-time high (ATH) of $0.00002825, rising to a market valuation of $11.1 billion. Now that Musk has aggressively revamped his whole profile, the question arises, will we see it rise even further?
PEPE is currently trading at $0.00001934, up 6.19% this week and down 5.19% today. Before its latest decline, the most recent pump took PEPE closer to its all-time high, with only a 25% gain remaining until it exceeds it.
The daily chart of PEPE/USDT provides insights about its possible upward trajectory by displaying a shift from negative pressure to a strong bullish reversal.
Analysts and investors are waiting for further developments to make a definitive conclusion regarding PEPE’s price trajectory. All in all, things seem to be moving in favor of PEPE.
