The Rise of Pepe Coin: A Memecoin Frenzy
TL;DR Summary
Memecoins have gained popularity in the cryptocurrency space, with PEPE and Dogecoin being two of the most prominent ones. While both coins were created for entertainment purposes, they have gained significant market capitalization. Dogecoin took almost four years to reach a $1-billion market cap, while PEPE achieved the same feat in just three weeks. However, both coins experienced a drop in market cap after hitting the milestone. At the time of writing, Dogecoin sits on a $10-billion market cap, while PEPE's market cap is at $800 million.
- Pepe vs. Doge: How memecoins performed first time hitting $1B market cap Cointelegraph
- Dogecoin Rival Pepe Hooks Crypto Whales. Memecoin Frenzy May Just Be Starting. Barron's
- Iconic Pepe Meme Creator Says He's A 'Dogecoin Maxi' Benzinga
- Pepe Coin Price Prediction as PEPE Becomes Top 10 Most Traded Crypto in the World – Can PEPE Reach $1? Cryptonews
- Up 2,100%, Is PEPE Coin Really a Buy? The Motley Fool
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