It is no news that the PEPE meme coin is gaining so much popularity in the crypto space as the price of this meme coin soared from its market cap of $50,000 to a high of $600M, creating so much hype in the past few weeks as many tips its to overtake the likes of Shiba Inu and Dogecoin who are brought meme coin to the light of the crypto market.
Other Reading: PEPE Memecoin Rallies 8,000% – Turns $1,000 Into $100,000
The team of PEPE remains anonymous, which is familiar in the crypto space as they want to avoid drawing undue attention to themselves to achieve what they have installed for the PEPE community and continue to grow this meme coin.
What are meme coins?
Meme coin is a type of cryptocurrency, as the name implies, as a result of an internet meme and have gained so much popularity in recent years of 2021 as the like of Shiba Inu and Dogecoin created many millionaires from trading these crypto assets.
Meme coins may be entertaining, but they are also perilous investments that may or may not have any real value, as most meme coins are created just for the fun of becoming better than other communities.
What are Memecoin’s examples?
The most notable meme coins in recent years have been Shiba Inu (SHIB) and Dogecoin (DOGE), also known as the father of meme coins, as a result of their great success in producing millionaires in the past years with a new competition or addition know as the PEPE another meme coin creating millionaires.
PEPE vs Shiba Inu
The comparison between PEPE and the Shiba Inu army has been intense recently. Still, the fact stands out that Shiba Inu (SHIB) remains above PEPE that has gained much popularity as it outperformed SHIB and DOGE as the price rallied by over 10,000% in less than 24HRES as millionaires were birthed.
Best meme coin to buy
Meme coins are extremely volatile, with little to no use case attached to these crypto assets, as they are explosive due to internet reactions and the hype surrounding them. It will be best to trade these cryptocurrencies quickly and trade what you can afford to lose.
PEPE meme coin price update
PEPE meme coin has surpassed many expectations as the price rallied from a region of $30M to a high of $600M, with many expecting a sell-off of this crypto asset considering how high it has rallied in its price.
Where can I buy PEPE meme coin?
To buy the PEPE meme coin, you can visit Huobi or Gat.io exchange to make a purchase but be weary that this token is extremely volatile, and always do your research before investing.