Bumping this, PEP's volume suddenly started going up in the last two weeks.

Shitcoin memes: These have a contract address and are parasitic on a public chain.(erc20 and tokens)
Public chain memes (Proof-of work): They don’t need a contract address because they are their own blockchain.

Looking at the market, 99.99% of shitcoin memes with contract addresses will go to zero. Shitcoin memes are full of scams because they’re easy and cheap to create. On the other hand, building and keeping a public chain secure requires way more tech and costs a lot more.

Right now, the market is all about chasing shitcoin memes with contract addresses, but it’s time to shift focus to public chain memes.

There are only two public chain Layer 1 memes in the whole market: $DOGE and $PEP. $PEP is super early, and barely anyone knows about it yet.