Is It Time To Invest In Frog Meme Coins? Pepe Price Surges Following Elon Musk's Name Change On X
Frog meme coins have captured attention once more, thanks to Elon Musk’s recent name shift on X. The billionaire adopted the name Kekius Maximus, a gladiatorial spin on Pepe The Frog.
Following this, Pepe's price surged, reaching a peak of $0.000021. Meanwhile, the lesser-known meme coin Kekius Maximus (KEKIUS) experienced a staggering 900% increase. However, after Musk reverted to his original name, KEKIUS lost its gains, although PEPE has largely held steady.
Another meme token with a small market cap, Wall Street Pepe (WEPE), has already crossed the $40 million mark in its presale. Experts are touting it as one of the top meme coins to consider for 2025.
Is A New All-Time High For Pepe Coin On The Horizon? Should Investors Shift Focus To Frog Meme Tokens?
Elon Musk, who owns Tesla and X, has unexpectedly become a major Pepe enthusiast.
The billionaire has been sharing numerous frog memes, even liking a post that dubs him “the Pepefather.” To those not familiar, Musk once took on the title of “the Dogefather,” which led to a significant increase in DOGE’s value.
In this ongoing story, Musk updated his name on X to Kekius Maximum and changed his profile picture to a gladiator frog engrossed in a video game.
After Musk's transformation on X, Pepe’s price jumped almost 18%, trading up to $0.000021 and even surpassing Dogecoin’s trading volume on Wednesday.
Although Musk reverted to his previous profile picture, Pepe’s price remained stable, once again hitting $0.000021 on Thursday before a slight dip.
Investors are now closely watching the token’s 50-day Simple Moving Average, currently at $0.0000207. Closing above this level for the week could signal new record highs. Currently, the meme coin is trading 28% below its peak of $0.000028.
$PEPE looks stronger than ever, about to break the 50 days moving average. pic.twitter.com/7g3GkKhyo4
— Plazma (@Plazma0x) January 2, 2025
However, expert long-term forecasts suggest that now might be the ideal moment to invest heavily in frog meme coins. There is a growing belief that the Pepe coin could achieve a market capitalization of $50 billion by 2025, representing nearly six times its current $8.5 billion value.
Could Wall Street Pepe Be The Top Meme Coin Investment Right Now?
The optimistic outlook for Pepe bodes well for other low-cap frog meme coins.
For example, Wall Street Pepe is attracting significant interest from large investors during its presale. As of this writing, WEPE has exceeded the $40 million threshold.
This venture brings together elements of Pepe The Frog and The Wolf of Wall Street to enhance investors’ experiences.
One of its standout features is a VIP “alpha calls” group, open to all WEPE holders. The project aims to disrupt the dominance of whales and insiders in the meme coin market, offering a fair chance to smaller investors.
Members will gain access to cutting-edge insights, trading strategies, and recommendations on the best meme coins to invest in, all designed to maximize profits during the upcoming bull market.
In the meantime, early adopters of WEPE are already enjoying returns from the token’s native staking pool, which provides passive income with a reward rate exceeding 30%.
With Elon Musk openly backing frog meme coins, experts predict that WEPE might emerge as a leading contender in the 2025 meme coin boom.
Some experts even suggest it could be the next meme coin to achieve a tenfold increase.
Visit Wall Street Pepe Presale
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