What about PEPE? 🤔
Pepe Coin’s (PEPE) rise in 2023 was nothing short of impressive, rallying to more than a $1 billion market cap in a bear market. Since then, the meme coin has since cooled down, with its market cap falling below $400 million once more. But for meme coins like PEPE whose community remains strong, the show is far from over, especially when they are yet to see their very first bull market.
Going by the growth of meme coins in the 2021 bull market, with the likes of Shiba Inu crossing the $30 billion market cap, the PEPE coin could be quite undervalued at these levels. Reaching the $20 billion market cap mark would mean a more than 50x increase from here, with the types of gains that cannot be gotten with the likes of Bitcoin.
