The Rise and Fall of Pepe Coin: A Lesson in Meme Tokens.

1 min read
Source: Barron's
The Rise and Fall of Pepe Coin: A Lesson in Meme Tokens.
Photo: Barron's
TL;DR Summary

The market value of memecoin Pepe, a rival to Dogecoin, neared $2 billion before plunging. The frenzy around Pepe may be bad for Bitcoin, which is already vulnerable as it trades below key levels.

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