What do you guys really think about $PEPE
Meme Coins Mania: Past the Peak or More to Come?
Meme coins were the star of the show in early 2024 and into 2025. We saw an explosion of tokens inspired by internet memes – think dog coins, frog coins, and everything in between. In 2024 alone, memecoins collectively surged over 2,000% as a category , and by early 2025 the total memecoin market cap hit ~$63.5 billion . This led some traders to muse about a possible “memecoin supercycle.” Communities on Reddit, Twitter, and TikTok were buzzing about the next Shiba Inu or Dogecoin, and new coins were launching literally by the minute (a platform on Solana called Pump.fun enabled over 8 million(!) meme tokens to be created easily, illustrating just how crazy the meme coin factory got) .
But as with any hype cycle, the key question is: are we too late? For those looking at famous meme coins like PEPE or Dogwifhat (WIF) that already mooned, it’s important to remember how volatile these can be. PEPE (inspired by the Pepe the Frog meme) had a spectacular run in 2023–24 and actually outperformed Bitcoin for a while . It reached an all-time high in December 2024, then entered a long hangover. By mid-2025, PEPE’s price was down roughly 60–70% from that peak , trading around $0.000009 (still massively up from its launch, but many late buyers were left holding bags). Analysts note that 78% of PEPE’s supply is held by whale wallets, so the token’s moves can be dominated by a few big players . With limited real utility and a cooling hype cycle, PEPE’s upside may be capped at this stage – meaning it probably won’t repeat another easy 20x run without some new catalyst . In other words, if you’re just now thinking of buying in, recognize that a lot of the “meme magic” was captured by those who got in early.
Dogwifhat (WIF), a Solana-based dog meme coin that launched in late 2023, tells a similar story. WIF had a huge run early on – it even briefly traded…
#DegenChain #PEPE #dogwifhat
Meme Coins Mania: Past the Peak or More to Come?
Meme coins were the star of the show in early 2024 and into 2025. We saw an explosion of tokens inspired by internet memes – think dog coins, frog coins, and everything in between. In 2024 alone, memecoins collectively surged over 2,000% as a category , and by early 2025 the total memecoin market cap hit ~$63.5 billion . This led some traders to muse about a possible “memecoin supercycle.” Communities on Reddit, Twitter, and TikTok were buzzing about the next Shiba Inu or Dogecoin, and new coins were launching literally by the minute (a platform on Solana called Pump.fun enabled over 8 million(!) meme tokens to be created easily, illustrating just how crazy the meme coin factory got) .
But as with any hype cycle, the key question is: are we too late? For those looking at famous meme coins like PEPE or Dogwifhat (WIF) that already mooned, it’s important to remember how volatile these can be. PEPE (inspired by the Pepe the Frog meme) had a spectacular run in 2023–24 and actually outperformed Bitcoin for a while . It reached an all-time high in December 2024, then entered a long hangover. By mid-2025, PEPE’s price was down roughly 60–70% from that peak , trading around $0.000009 (still massively up from its launch, but many late buyers were left holding bags). Analysts note that 78% of PEPE’s supply is held by whale wallets, so the token’s moves can be dominated by a few big players . With limited real utility and a cooling hype cycle, PEPE’s upside may be capped at this stage – meaning it probably won’t repeat another easy 20x run without some new catalyst . In other words, if you’re just now thinking of buying in, recognize that a lot of the “meme magic” was captured by those who got in early.
Dogwifhat (WIF), a Solana-based dog meme coin that launched in late 2023, tells a similar story. WIF had a huge run early on – it even briefly traded…
#DegenChain #PEPE #dogwifhat
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WIF
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