Pepe, a frog-themed meme coin built in Dogecoin's image, has fallen 74% in the past year to $0.0000053. Both coins dropped almost 90% from all-time highs. Pepe's website states the coin is completely useless with no formal team or roadmap. Unlike Dogecoin, which found utility for Reddit tipping, Pepe has no fundamental value or long-term credentials.
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Cathie Wood's favorite crypto stock is still down 66% from record highs
Summary by ByteBrief