Apple Inc. (AAPL) vs PEPE
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Correlation Analysis
Insight
PEPE, a meme-inspired cryptocurrency launched on Ethereum, saw rapid growth driven by community enthusiasm and speculative interest.
Historical Triggers
- April-May 2023:PEPE's market capitalization surged during a memecoin rally.
Notes
- PEPE's rise reflects the impact of internet culture on cryptocurrency markets.
- Its lack of inherent utility underscores the speculative nature of memecoins.