Pepe Price Drops 9% in a Week, While Wall Street Memes Passes $2m

$PEPE exploded more than 3,000% after it launched in early May, outshining even well-established meme coins like Dogecoin and Shiba Inu for a short while. However, the hype over $PEPE faded fast. Since reaching an all-time high of $0.0000042 on May 5, $PEPE has fallen by nearly 70% to just $0.00000136. In the last seven days alone, $PEPE fell an additional 9%. Now, traders are wondering what’s in store for $PEPE—were they left holding the bag or does this meme coin have another pump coming? At the same time, trading in meme coins remains incredibly strong. A new meme coin,