These major members of the DOGEcommunity slam $PEPE as an 'officially dead' coin. $DOGE $SHIB ProTheDoge DogeWhaleAlert
DOGE Transactions Go Parabolic, XRP Holders' Lawyer Predicts FOMO Will Start at $2, SHIB Burn Rate Jumps 1,450%: Crypto News Digest by U.TodayPEPE has declined 70.9% percent below the all-time high reached on May 5 and is now changing hands at $0.000001248. However, it has taken DOGE two years to reach the current"bottom." This was the point at which Contessoto stopped being a"Dogecoin millionaire," while for PEPE this happened within less than a month.
PEPE meme coin emerged on the market in April, launched by an anonymous team of developers who were inspired by the popular internet meme about Pepe the Frog. This was the first meme coin not based on Shiba Inu canine motives. PEPE immediately gained the attention of cryptocurrency whales and other big players on the market; it scored a spree of listings on major centralized exchanges.
SHIB started trading on Binance from the Zone too, and now, along with PEPE, another popular meme cryptocurrency has been added to it — FLOKI. The launch of another meme coin followed, Milady Meme Coin . It also gained popularity fast and obtained several major listings. Both PEPE and LADYS were mentioned by meme lover Elon Musk in his recent tweets.
Unlike Shiba Inu and Dogecoin, PEPE has zero utility and no likely further developments. However, some believe that it may bring a lot of new retail investors into the cryptocurrency market and then switch them to Bitcoin and other"serious" coins.
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