Summary: A new wave of memecoins like PEPE and WOJAK are pumping explosively, sparking speculation on whether this could mark the return of a memecoin season.
- PEPE up 700% in a few weeks, already printed millionaires
- WOJAK gained 10X in days, PPIZZA also 10X recently
- AI-inspired coins like TURBO and WSB surging too
Compared to OG memecoins:
- DOGE and SHIB still have much higher market caps
- But PEPE trading volume to market cap very high at 0.85
Too late to join?
- Caution warranted as dumps often follow pumps
- But some believe memecoin run could continue
- Taking profits recommended if in profit
Unclear if memecoin season back:
- Recent pumps have speculative hype
- But unclear if sustained attention and gains