One of the most pumped coins recently has been PEPE, a meme-based cryptocurrency that has seen explosive growth in a short time. Its popularity surged due to hype on social media platforms and strong community engagement. Despite having no fundamental utility, the coin attracted significant trading volume, largely driven by speculation and fear of missing out (FOMO).
PEPE's price movements have been highly volatile, with sharp spikes followed by equally fast corrections. This kind of price action is typical in the meme coin space, where market sentiment and influencer promotion play major roles.
Traders are drawn to such coins for their potential to deliver massive short-term gains. However, the risks are just as high, and prices can collapse quickly. While PEPE has captured attention recently, it’s important to stay cautious. Coins like this can pump hard—but they can also dump just as fast.
