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Is Pepe Coin & Co. Helping DeFi Thrive?

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Pepe Coin was launched in mid-April this year. Right after its launch, masses from the crypto space started talking about it on social media platforms like Twitter and Reddit. In fact, it has time and again made it to the “trending” list by amassing millions of mentions. Post its launch, PEPE started astronomically surging. It’s known that centralized exchanges [ CEXes ] listed Pepe Coin quite a few days after it was launched. By then, there were already millionaires who minted profits by trading on decentralized exchanges [ DEXes ]. The Pepe Coin hype is been cooling down lately. However, the meme coin hype is still bubbling, and funds are already being diverted toward other tokens. Right from LADYS to WOJAK, a host of meme coins have stepped up over the past few days. In fact, as highlighted in an article today, a trader ended up making $1 million in meme coins by trading over a hundred different tokens. Also Read: Man Makes $1 Million in Meme Coins: Trades Pepe Coin, 1...