Elon Musk, known for his unexpected and influential moves, has once again sent ripples through the crypto space by changing his name on X to “Kekius Maximus,” a nod to the froggy memes that have captured the internet’s imagination.
This quirky name change has sparked excitement for frog-themed meme coins. Almost immediately, two ‘Kek’ tokens appeared on Solana ($KM) and Ethereum ($KEKIUS), with many copycats following on both blockchains.
Musk’s froggy fascination and the Kekius Effect
In December, Musk showcased his appreciation for the Pepe meme culture by retweeting two “Kekius” images, one of which was created by @ALX.
https://twitter.com/alx/status/1866374288330355105/photo/1
Days later, Musk retweeted another froggy image, which ignited a resurgence in interest in meme coins, particularly tokens inspired by the Pepe phenomenon. Even CNBC tried to decipher the meaning of Musk’s move on X.
Wall Street Pepe ($WEPE) emerged as one of the winners, raising close to $39 million in its consumer token offering (CTO).
$WEPE gains ground with a $38.9 million milestone
Wall Street Pepe has raised an impressive $38.9 million through its consumer token offering (CTO). The token, currently priced at $0.0003663, will move to a higher price tier in less than 24 hours, giving early investors ample opportunities to buy before the presale ends and the token launches on exchanges.
With Elon Musk carrying the Pepe theme as his avatar on X, the enthusiasm for frog-themed tokens could explode in 2025.
The case for investing in $WEPE
Wall Street Pepe represents a shift in how meme tokens engage with their communities. Built around transparency, inclusivity, and shared market insights, $WEPE aims to democratize the world of alpha calls and insider trading tips.
Traditionally, whales have access to market-moving strategies and insights. Now, $WEPE token holders will have access to exclusive strategies and calls, empowering them to trade on a level playing field.
The token’s rising popularity is evident in its social media traction. Within a month of its presale launch, $WEPE has amassed close to 30k followers on X and over 12k members on Telegram, showcasing a rapidly growing community eager to join the Wepe army.
Another reason investors are FOMOing on the $WEPE CTO is the staggering success of another frog-themed meme coin with utility, Pepe Unchained ($PEPU). This meme coin solves Ethereum’s scaling issues via its Layer 2 blockchain that could rival Shiba Inu.
The $PEPU presale raised nearly $80 million and surged over 600% within a few days of its launch on exchanges.
Now, investors are looking for a similar candidate that could emulate — and even outperform — the returns of $PEPU.
Could $WEPE replicate PEPE’s growth?
The success story of PEPE, which surged over 180,000,000% since its launch in April 2023, inspired Pepe-themed meme coins to try and repeat the success. Currently trading at a market cap of over $8 billion, PEPE is the largest frog meme coin.
To put this into perspective, at its current price of $0.0003663, this meme coin’s fully diluted market cap is around $73 million. That’s over 10,000% difference from PEPE’s market cap. If $WEPE gains half the market cap of PEPE, a $1,000 investment at the current price would become $100,000.
But even with such popularity, PEPE hasn’t stopped. It has returned over 1,000% this year alone.
However, the new frogs on the block can quickly outperform PEPE. In the past three days, Kekius Maximus ($KEKIUS) has soared more than 2,000%, further fueling the momentum for frog-themed tokens.
If $WEPE follows suit, early investors could see significant gains once the token officially launches.
The experts at the popular crypto channel 99Bitcoins believe that $WEPE could be the next 10x meme coin. Given that the bull run is expected to continue in 2025, $WEPE returning 10x after launch is highly probable.
Join the $WEPE army
Wall Street Pepe offers an exciting opportunity for those looking to capitalize on the next big trend in crypto. Joining the $WEPE Army is as simple as visiting the official website, connecting a wallet, and purchasing the desired token amount.
With a growing community, exclusive trading strategies, and alpha calls — and the backing of Elon Musk’s froggy fascination — $WEPE is well-positioned to make a splash in the crypto market.
Visit the official Wall Street Pepe website to learn more and secure your place in the $WEPE Army today.