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Yesterday, Elon Musk posted a Pepe meme image on X, and PEPE immediately shot up—did that happen? According to CoinNance monitoring, the post went up at around 12:20 PM Korea time on the 13th, and it reportedly rose by more than 7% right after. While I’m wondering whether the Elon-Pepe combo is really this effective, the meme coin market is truly unpredictable. If this keeps up, does a single tweet from Elon Musk end up driving the prices of meme coins like PEPE? It’s surprising the market is reacting this strongly, but it also seems risky.