The memecoin craze is booming again with Pepe the Frog (PEPE) leading the way.
In recent days, the community experienced strong momentum in BTC, ETH, and many other Altcoins. When people say "Altcoin season has arrived" is also the time when memecoins start to make waves.
If the previous "memecoin seasons" were led by DOGE and dog coins such as SHIB, FLOKI,... then this time the crypto community is looking for new and more "unique" options.
And that's when Pepe the Frog (PEPE) appears - inspired by a very famous meme in the crypto Twitter community, the green frog Pepe the Frog.
Although it was only launched on April 16, just 3 days later, PEPE price had a huge growth of up to 21,000% and recorded a trading volume of 30 million USD. The coin currently only has a trading pool on DEX Uniswap.
According to data from Etherscan, PEPE has 10,000 holders, partly proving the popularity of this less than 1 week old memecoin.
This memecoin is gaining so much popularity that the $PEPE token became a trending keyword on Twitter.