Meme coins are best known in the cryptocurrency market for improving the mood and sentiment of investors, especially when the overall market is a bit volatile or moving sideways.

So, if you're a fan of meme coins, you might not want to miss the newly launched "PEPE" coin, which has set an unprecedented precedent by witnessing a crazy surge of nearly 7,000% since its launch in April 2023. Currently, the PEPE coin has a market capitalization of over $5 billion, which it reached in just one month since its launch.