币界网报道：Pepe and LilPepe Emerge as Dogecoin Declines 40% As Dogecoin (DOGE) experiences a 40% drop from its recent highs, meme coins Pepe (PEPE) and LilPepe (LILPEPE) are gaining traction in the crypto market. Analysts attribute DOGE's decline to profit-taking after its earlier rally, while PEPE and LILPEPE benefit from renewed interest in meme-based cryptocurrencies. PEPE, inspired by the internet-famous "Pepe the Frog" meme, has seen a surge in trading volume, with some exchanges reporting a 200% increase in the past week. Meanwhile, LILPEPE, a newer entrant, is attracting attention due to its lower market cap and speculative potential. Market observers note that meme coins often thrive during periods of broader crypto market consolidation, as traders seek high-risk, high-reward opportunities. However, skeptics warn that the volatility of these assets makes them unsuitable for long-term investment. Despite the skepticism, community engagement around PEPE and LILPEPE remains strong, with social media platforms buzzing about their price movements and potential partnerships. The rise of these coins highlights the ongoing influence of internet culture on cryptocurrency trends, even as established players like DOGE face corrections.