What is Pepecoin, and can it flip memecoins Dogecoin and Shiba Inu? By Cointelegraph

The market valuation of Pepecoin (PEPE) has dropped by 65% as of Might 12, per week after its document excessive of $1.54 billion.

Revenue-taking seems to be the first cause behind the intense value correction because it rallied from nearly nothing to as excessive as $0.00000372 after its launch on April 14, rising because the fastest-growing ERC-20 token within the crypto market’s historical past.