The debut of Pepe coin this year has placed frog meme cryptos in the spotlight, with the Ethereum ERC-20 token launching on April 15th and Pepe coin going parabolic from May 1st. This price frenzy was a bullish sign for Ethereum and DeFi crypto blockchains, and supporters compared the popularity of Pepe coin to DOGE and SHIB during the flash rally.
Pepe Coin Surge Shifts Attention Elsewhere
Despite settling from its all-time high, Pepe coin rallied again on May 12th, providing further evidence that the project has long-term horizons and is not a rug pull. Given this, crypto investors are taking another look at Pepe (SOL), though it isn’t the only frog meme coin on the blockchains. Other examples include PepeSol, a meme coin on Solana that saw a surge in price from $0.000078 on April 29th to $0.00153 on May 2nd following the rise of Pepe coin. However, its price crashed to around $0.00023 by May 7th. There is also a Pepe coin on Arbitrum, a layer-2 scaling solution for Ethereum.
Thus, while there are other frog meme coins out there, the popularity of Pepe coin has certainly put them all in the spotlight.