The PEPE Meme Coin Hitting $1 Billion Market Cap in 20 Days Highlights Everything that is Wrong with the Cryptocurrency Industry
Memes for money baby
Meme coins such as Shiba, DOGE, and now PEPE are tokens with zero real-world usage. And expose the notion that people are invested in crypto for the technology as a straight-up lie.
These have exploded, reaching ridiculous market caps (MC). With PEPE hitting over 1 Billion in market cap value in less than a month. Yes, 1 billion.
Nobody cares about real-world usage; people only look for get-rich-quick schemes.
And PEPE is leading the way.
The Rise of Meme Coins
Meme coins have taken the cryptocurrency world by storm. These coins, which are often based on internet memes, have become incredibly popular among investors looking to make quick profits. Two of the newest meme coins are Pepe and Wojak.
Pepe is a frog meme that the alt-right movement has adopted. Its popularity has led to the creation of a Pepe cryptocurrency. Wojak, on the other hand, is a meme that is popular among online communities like 4chan. Both coins have experienced huge gains in value in a short amount of time.
