Main navigation

PEPE Copycat Jumps 1,056%, Here's Possible Reason

Mon, 05/08/2023 - 08:59
article image
Godfrey Benjamin
KEK is new meme coin designed as PEPE lookalike; it is leading meme coin rally today
PEPE Copycat Jumps 1,056%, Here's Possible Reason
Cover image via

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

After about two weeks of unending meme coin hype, more variants keeps coming out through unknown sources or means. KEK is one of the latest that is copying PEPE, the meme coin that has lead the revolution over the past several days. At the time of writing, KEK is trading at $0.0000002117, up by 1,056% in the past 24 hours.

KEKE-USD Price Chart
Image Source: CoinMarketCap

Like most meme coins just getting into the limelight today, KEK is an entirely new token, and it is recording its most significant price actions in tandem with the recent upsurge that was ushered in by PEPE. The altcoin recorded its lowest price action about two days ago and its all-time high of $0.0000002316 a few hours before writing.

One major reason why KEK may be seeing such significant price action is the influence of PEPE. Besides being a relatively new token with a growing community of its own, the meme coin is disguised as a lookalike of PEPE, which might give people the impression that both projects are intertwined.

Pepe (PEPE) Scores New Listing on KuCoin, Start of Meme Coin Season?

With users still proving the legitimacy of PEPE despite its recent listing by Binance exchange, the KEK token's growing community is notably filled with only hardcore meme coin maxis for now.

When will meme coin hype burst?

Meme coins are a very volatile crypto asset class whose origin stems from the emergence of Dogecoin (DOGE). Since Dogecoin was introduced, the industry has seen quite a number of other meme coins, including Shiba Inu (SHIB) and Floki Inu (FLOKI), among others.

The hype surrounding these tokens is not ending anytime soon, as it is an easy way for retail traders and even market whales to print massive gains.

The fact that DOGE and SHIB, for instance, have established a thriving community over the past couple of years has showcased that anything is possible even with these upcoming meme coins.

article image
About the author

Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments. With his vast experience covering various aspects of Web3, Godfrey's articles has been featured on, Cryptonews and Coingape, among others.