Crypto Twitter traders are moving away from Shiba Inu tokens to those branded after the internet meme Pepe the Frog, with a Pepe token (PEPE) launching Sunday and running over 21,000% in the past three days, reaching a market capitalization of as high as $33 million. However, the tokens have no connection to the actual Pepe the Frog meme or its creator. Crypto Twitter has a history of jumping on meme coins, such as dogecoin and shiba inu, but most do not last beyond a few weeks. Some professional investors see meme coins and their narratives as a part of the crypto ecosystem, and the upside of trading can be huge, though it is a risky way to seek an excessive return. (Coindesk)