The meme-themed cryptocurrency $ELONREAPER experienced a significant surge in trading volume following a viral meme depicting Elon Musk as a 'Regulation Reaper.' The image, shared by crypto influencer @cb_doge, portrays Musk as a grim reaper slashing through bureaucracy, symbolized by a door labeled 'Bureaucracy' with U.S. and EU flags. This satirical depiction coincided with the early dissolution of the U.S. Department of Government Efficiency and criticism of the EU's regulatory fines. Within an hour of the meme's circulation, 15 tokens named ELONREAPER recorded a combined trading volume of $230,000, highlighting the impact of viral content on meme coin markets. The meme's popularity underscores the influence of social media and humor in driving interest and trading activity in the cryptocurrency space.