The meteoric rise of Dogecoin and Shiba Inu paved the way for other memecoins, including Pepe, a frog-themed cryptocurrency. Riding the wave of memecoin popularity, Pepe quickly rose through the ranks, now securing a place among the top 20 cryptocurrencies by market capitalization.
This rise reflects a broader trend in which humor, internet culture and community enthusiasm play a central role in market dynamics. Pepe’s success highlights the extent to which memecoins, once considered novelties, have become an important segment of the cryptocurrency ecosystem, attracting interest from both individuals and institutions.
Currently, Pepe is trading at $0.000019, representing 1,766% year-to-date growth.