**Memecoin Market Sees Dramatic Fluctuations in December**

- December witnessed a rollercoaster ride for memecoins, with market capitalization dropping by 30%. Starting at $120.14 billion, it peaked at $137.06 billion on Dec. 9, only to fall to $92.67 billion by Dec. 23.

- Pepe (PEPE), a leading memecoin, mirrored these trends. Its price surged after being listed on Binance.US, hitting an all-time high and surpassing Uniswap's market cap.

- Traders reaped significant profits, with one turning a $3,000 investment into $46 million. Another saw a $27 investment balloon to $52 million after 600 days.