The crypto industry has seen many new assets emerge. Dogecoin started as a joke but became extremely popular. Shiba Inu [SHIB] followed a similar path, making early investors very wealthy. In contrast, PEPE aimed to stand out by avoiding the dog theme.
The meme coin market capitalization experienced a positive trend from June 22 to July 23, rising from $15.54 billion to $16.29 billion, a growth of over $759 million or 4.82%.
Binance, the world's largest digital currency exchange, has dealt a fresh blow to the frog-themed memecoin PEPE by delisting the token as a loanable asset from its Flexible Lending program.
Investors are becoming cautious about the unpredictable market as the cryptocurrency market undergoes a correction, causing PEPE and other Memecoins to experience significant losses.
David Gokhshtein, the well-known influencer in the cryptocurrency world and founder of Gokhshtein Media, recently questioned Elon Musk, the CEO of Twitter, about the possible suppression of tweets and memes related to the Pepe (PEPE) meme cryptocurrency.
