Elon Musk raised the price of two meme coins by double digits in two different posts on Twitter today. The first was a meme featuring the PEPE token character. A few minutes later, this meme coin, which he only commented on with emojis, gained more than 80% in value.
Elon Musk triggered the rally of 2 meme coins today
cryptocoin.com The first tweet about Pepe Coin, which we quoted as, had a 45% effect on the price. Musk shared a meme on Twitter featuring Pepe’s frog character.
Pepe price rose to an intraday high of $0.000001825 minutes after the post. The momentum continued into the later hours and Pepe is currently trading above $0.00001989. Its last 24-hour gain has reached 60% after rallying 45%. While Pepe was driving his rally, Elon Musk talked about another meme coin minutes after this tweet…
Explaining Constitutional Amendments pic.twitter.com/oYkMPBe9Zi
— Elon Musk (@elonmusk) May 13, 2023
The second rally was undertaken by BOB Token (BOB), which ranks 436th by market cap. About two minutes after the Pepe Coin-related post, Musk commented on what BOB Token’s official Twitter page said about the new Twitter CEO, with emojis.
It was what was said about the new Twitter CEO, Linda Yaccarino, that caught Musk’s attention. Twitter’s @maxberger posted on May 12, “Linda Yaccarino has appointed a former Trump administration following rebels Lin Woods and Sidney Powell on Twitter. He liked the pro-insurgency tweets. A right-wing conspiracy theorist and supporter of MAGA. He shares Musk’s far-right politics,” she wrote.
New Twitter CEO either far left woke globalist or far right anti-LGBTQ MAGA pic.twitter.com/FV0I8VYf6f
— Deva Hazarika (@devahaz) May 12, 2023
This statement was commented by @devahaz on Twitter today as follows: “The new Twitter CEO has either awakened the extreme left globalist or the far right anti-LGBTQ MAGAs”.
Musk later tweeted, “Is it possible to be LGBTQAnon?” he left a comment. The term LGBTQAnon is a common expression in the dark corners of the internet. This phrase refers to the LGBTQ+ community and anonymous internet forums. LGBTQAnon can be defined as an anonymous group that includes people who believe in various conspiracy theories.
BOB price up 80%
Commenting on Musk’s latest tweet, the official BOB Token Twitter account responded with emojis of fire and smile. BOB price started its double-digit rally shortly after that.
As the chart below shows, the BOB price is up over 80% on the day. Looking at the hourly chart shows that most of the gains took place after 12:00. BOB is currently trading in the $0.0000670 region without any major corrections.
Bobcoin is a multi-chain token available on both Ethereum and Binance Smart Chain. He has over 250.00 followers on Twitter.
