PEPE consistently is the third largest memecoin by marketcap. PEPE has had an impressive growth of 30% in last 24 hours outperforming every popular coins. Not only they lead on price rise but for few days, they are the most traded memecoins overtaking Dogecoin. This increase in volume implies a price change that's happening at the moment. Their market cap is still one third of Shiba Inu and have a good possibility of rise. With so many people accumulating PEPE, do you see them dethroning Shiba Inu and Dogecoin to reach the top place for memecoin.
That is not impossible for any of the meme coins to top again and gain another market record because of its hype.
Dogecoin, Shiba Inu, and Pepe coins are the leading meme coins that exist among hundreds of meme coins created. Apparently, with the current standing position of meme coins, we can also think that this will stay long and still in hyped. I couldn't just think that the more we hate meme coins, the more they grow and become popular. Maybe, it is about time to accept that meme coins contribute to the popularity of the crypto market. However, despite the popularity of Pepe coin now, we can't ensure also set aside that not all of their kind are worth investing in.