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Elon Musk Sets Meme Coin Communities on Fire With PEPE Tweet, But Here's Catch

Fri, 20/06/2025 - 12:22
Elon Musk has returned with meme tweet, triggering crypto community's excitement
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Elon Musk Sets Meme Coin Communities on Fire With PEPE Tweet, But Here's Catch
Cover image via U.Today

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Controversial tech mogul Elon Musk published a tweet that reestablished his rapport with the meme coin community, reminding them of the old days when he did not own Twitter and actively posted about DOGE.

He also shared a major AI prediction, showing both his positive and negative expectations from this nascent technology.

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Musk's PEPE tweet excites community, but here's catch

Musk published a famous internet meme character, Pepe the Frog, which inspired the creation of the same-name meme cryptocurrency in April 2023. In the image he posted, Pepe looks somewhat sad and is lighting a cigarette he is holding between his lips. Musk’s tweet immediately gained the attention of the crypto community.

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Fans of various meme coins began posting their coins’ mascots in return — in particular, PEPE and BabyDoge. A WIFaccount also posted a PEPE mascot, as well as that of the Kraken exchange. Someone requested an explanation of this tweet from Grok and, according to the AI chatbot, the timing of the tweet suggested that this was Musk's reaction to the explosion of SpaceX’s Starship 36 on the test site at Starbase near Boca Chica Beach in Texas, just before its expected takeoff. Videos of that explosion were spread around X earlier this week.

The rocket exploded just ahead of a routine fire test before the 10th flight test. Afterwards, company’s engineers reported that the Starship experienced a “major anomaly,” and they are now trying to figure out what exactly went wrong. None of the company’s personnel who were nearby were injured.

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Musk's gloomy AI prediction

During his recent interview at the YC's AI Startup School, Musk stated that unless AI destroys humanity, it is likely to boost the economy 1,000x from what the civilization has now. That would be Digital Super Intelligence, Musk stated, which will be smarter than any human at anything.

A major economic boost will be possible, according to him, if humanity reaches a Kardashev Type II civilization, meaning it will be of such a massive scale that it will draw energy for its needs from an entire star.

In another tweet, Musk commented on the recent massive password leak, and the knowledge that the majority of people on the internet use simple four-digit passwords (or those related to the dates of their birth), stating: “AI will not have a hard time outfoxing us.”

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