From Joke to Investment: The Surprising Growth of Meme Tokens

Over the past week a new DeFi native narrative has taken Crypto twitter and the chain by storm. "Meme" tokens are taking on-chain traders by storm. Since launching April 16th, $PEPE has climbed to approximately a $127M Market Cap. Many other tokens have been spun off and have experienced similar volatile, yet surging growth including $MUMU, $MEMEME and $TRAD. This dashboard tries to dig into what's going on here and if this really is a Meme token season by analyzing several metrics and impacts cause by $MEME tokens.