What is Pepe Coin? Why did he go up so much?

What is Pepe Coin? Why did he go up so much? The Significance of Pepe Coin: The topic of meme coins has always captured the attention of cryptocurrency enthusiasts and investors, particularly during periods of market volatility or sideways movement. Among these, the newly launched «PEPE» coin has set a remarkable precedent by experiencing an extraordinary surge in value—nearly 7,000% since its debut in April 2023. As of now, PEPE coin boasts a market capitalization exceeding $5 billion, a milestone it reached within just a month of its launch.