Memes, internet jokes, and popular culture references have become an integral part of online communities. Because of this, cryptocurrencies inevitably gave birth to a new wave of assets called “memecoins.” While some argue that these coins are just a fad, others might also believe in their potential to bring financial gain to their investors.One of the most popular memecoins that was recently launched is a frog-themed token called PEPE. The token has gained traction amid the bear market and garnered a lot of support from various members of the community despite its official website saying “the coin is completely useless and for entertainment purposes only.”DOGE’s price chart in 2018 after it first reached $1 billion market capitalization. Source: CoinGeckoPEPE’s market capitalization reaching $1.8 billion. Source: CoinGeckoContinue Reading on Coin Telegraph
Source: www.investing.com