Over the weekend, a meme coin called Pepe Coin rallied over 200%. On Monday, another meme coin called Wall Street Baby surged over 300% in price after a tweet from popular meme stocks account Wall Street Bets, which boasts over half a million followers on Twitter. But on Tuesday that coin was down 74% according to CoinMarketCap.
Seeing these coins surge recently has raised questions for some about whether the meme stock craze that we witnessed in 2021 was going to make a comeback in the crypto market.
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