There are rumors circulating in the crypto market that Elon Musk may consider including PEPE Coin in a Twitter crypto wallet if it is launched. This speculation is fueled by Musk's interest in memecoins such as Shiba Inu and Floki Inu, as well as his close affiliation with the Dogecoin community. However, it is unclear if Musk's interest in memecoins would translate to a preference for them in a potential Twitter crypto wallet launch. Despite a recent 20% loss in value, PEPE Coin has seen significant price gains since its launch in April 2023. Stay up to date with the latest in the crypto market, including the impact of Elon Musk's tweets on Bitcoin and the rise of PEPE Coin in the United States by checking out our updated list of crypto presale projects and Telegram channels for 2023.

PEPE coin has become the latest meme coin sensation, attracting the attention of many investors. However, the hype surrounding the coin has also led to the creation of several scam tokens, including PEPEDOGE, PEPEC, WOW, MEME, FOUR, NEWPEPE, BENZ, BMW, POP, and BOBO. Scammers have been targeting PEPE investors through fraudulent websites and fake Telegram accounts. Despite being praised by Elon Musk, the coin has also sparked controversy, with Coinbase initially describing the PEPE meme as a "hate symbol" before apologizing for the error. Investors are advised to be cautious and avoid suspicious pages claiming to offer airdrops, staking, and other rewards.

Gemini cryptocurrency exchange has announced the listing of the $PEPE meme token, which has already gained a significant online following, for trading on its platform. This move highlights the increasing demand for alternative digital assets beyond mainstream cryptocurrencies like Bitcoin and Ethereum. The $PEPE token is a community-driven project that aims to create a decentralized platform for creators, artists, and influencers to showcase their work and monetize their content. With the listing on Gemini, $PEPE holders can now trade the token on one of the most respected cryptocurrency exchanges in the world, potentially reaching new all-time highs.

Pepe (PEPE) has shown a correlation with Bitcoin (BTC) in its price movements over the past week, dropping when BTC did but rallying on Friday and into the weekend. Despite Bitcoin's recent price drop, Pepe coin has achieved an impressive market capitalization, surpassing $1.6 billion just 20 days after its launch. The Ethereum smart contract that powers Pepe coin includes deflationary supply, a burn mechanism, and a "no taxes" policy, making it an attractive investment for cryptocurrency investors. Pepe's success serves as an example of the potential for early investment in successful projects. To increase the chances of finding similar opportunities, it is recommended to stay informed of new coin listings and use platforms like Uniswap. Pepe's debut also validates the trend of meme coins like Dogecoin and Shiba Inu, and highlights the demand for Ethereum services to store savings. Furthermore, anyone can build a defi app and work with Ethereum without requiring approval or support from others.

Binance, the world's largest cryptocurrency exchange, has expanded its support for Sui Network's native token SUI and PEPE meme coin by adding new isolated margin pairs for both. In addition, the exchange has added UMA as a new borrowable asset on Cross Margin. Despite listing meme coins such as PEPE and FLOKI in Innovation Zone, Binance has not yet listed Shiba Inu's gas token BONE.

Shiba Inu has surpassed Pepe and Bitcoin to claim the top spot in LunarCrush's "Top 10 Trending Searches" list. LunarCrush, a social intelligence platform, released the list to showcase the hottest topics that have captured the online community's attention in the past 24 hours.

The memecoin craze has led to the creation of numerous scam tokens, with at least 10 memecoin scams observed by blockchain security firm PeckShield. Scammers are also targeting PEPE investors, with fake accounts infiltrating the official community Telegram group and posting links to fraudulent websites. Despite being hailed by Elon Musk, the memecoin has drawn controversy, with US crypto giant Coinbase describing the PEPE meme as a "hate symbol" co-opted by alt-right groups in an email newsletter to its customers. However, the newsletter has since been edited and Coinbase's chief legal officer has apologized for the mishap.

The popularity of memecoins like PEPE is declining, which is good news for Bitcoin users but not necessarily for investors. The frenzy of memecoin minting that congested the Bitcoin network has subsided, and PEPE has lost 60% of its value since its peak earlier this month. The market value of PEPE has dropped from $1.6 billion to around $720 million. This decline in memecoin speculation could indicate a local market top and may lead to multi-month drawdowns for Bitcoin and other cryptocurrencies.

Pepe the Frog was originally created by artist Matt Furie in his comic book "Boy's Club" in 2005. However, during the 2016 US presidential election, the character was co-opted by online communities to spread hate speech and racist ideologies. In response, Furie launched the #SavePepe campaign to reclaim the character and promote a new narrative of positivity. Despite Pepe's negative connotations, Furie has secured legal victories and plans to resurrect the character in a new comic book. Pepe has also found success in the cryptocurrency realm, with an exclusive collection of NFTs fetching prices exceeding $100k.

Pepe The Frog, a new memecoin launched on April 14th, has quickly gained a market cap of $691 million and has been a hot topic in the crypto community on Twitter.