Pepe Token Rose 11 Percent in One Day

WHY IT MATTERS

A meme token is a cryptocurrency that is created around an internet joke or cultural reference rather than a specific technological purpose. Think of it like a collectible trading card whose value depends almost entirely on how many people want it at any given moment, rather than on what it can do. PEPE is one of these tokens, and its 11 percent daily price swing illustrates how volatile these assets can be. Volatility means the price can move dramatically in either direction in a short time, which is important for anyone learning about crypto to understand before considering any involvement with such assets.