Why is Pepe Coin Rising?

Meme coins are best known in the crypto market to lift up the mood and sentiment of the investors especially when the overall market is a bit choppy or moving sideways.

So, if you are a fan of meme coins, then you may not want to miss out on the newly-launched “PEPE” coin, which has set up an unprecedented example by witnessing a crazy rally of almost 7,000% since its launch in April 2023. Currently, PEPE coin has a market capitalization of over $5 billion, which it hit in just a month of its launch.

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