The most recent meme coin craze is being led by Pepe the Frog, which has seen its value soar by 21,000%.
According to the page announcing the project, the days of dogs are over, and the new PEPE is the meme-coin with the highest concentration of memes of any that currently exist.
The community has seen a significant spike in BTC, ETH, and many other Altcoins in recent days. When people say “Altcoin season has arrived,” this is also when meme-coin currencies began to make waves.
If the past “meme-coin seasons” were driven by DOGE and dog-type currencies like SHIB, FLOKI, and so on, the crypto community is seeking for new and “unique” possibilities this time around. And so, PEPE was born, taking its name from the famous meme about a green frog known as Pepe the Frog, which circulated widely throughout the Twitter crypto community.
Even though it wasnt available until April 16, the price of this meme coin skyrocketed by up to 21,000% in just three days after it was released, and a total trading volume of 30 million USD was reported. At the moment, the coin is exclusively listed on the DEX Uniswap market, where it may be traded in a pool.
The fact that this meme coin, which is less than a week old, already has 10,000 holders, according to data provided by Etherscan, demonstrates how popular it already is. PEPE is not only derived from the image of a green frog, but it also has a total supply of 420 trillion tokens. This number is a parody of the well-known “4/20” number that is utilized by the worldwide community of cannabis consumers.
“The days of dogs are over,” claims the projects website. PEPE has seen better days. PEPE is the meme-coin with the most meme spirit in existence.
This meme coin is gaining popularity to the point where the token $PEPE has been a trending keyword on Twitter, with over 30k searches.