Shiba inu improved in the popularity of meme coin and pepe has rekindled that fire after its initial success, this has spranged up the adoption and development of meme coin where various websites how stating things like " the next big meme coin " or " a random coin is outpacing pepe and doge coin". One of the biggest issue that influence peoples decisions is that they follow what they had without any further research.
I really dislike the whole meme-coin craze that is going on in the crypto space. I mean a few tweets of Elon Musk that were not even meant seriously were enough to start this meme-coin hype. I mean everyone has to admit that Shiba Inu made a lot of early investors very rich, but this only happens once every few years and between that there are 10000's other stupid meme-coins launching that are all scams, rugpulls or just dead again within a few days.
Just when i thought that the meme-coin hype was slowing down again PEPE came out of nowhere and now of course we have 1000's of new meme-coins launched every day that are named after Pepe. It is just crazy and absolutely stupid too. All those "projects" are just simple cash grabs and have no substance at all.