its just literally combining the gimmick of MEW (cat in a dogs world) and PEPE which already established long ago which means there's truly nothing innovative here, despite the fact that they try to use the name PEPE completely unrelated to the $PEPE that we've seen gaining billions.
probably if any fortune falling into this random coin at best it could reach tens of market cap but thats it, even then its gonna be a game of the whales. never a fan of such coin that just trying to leech off reputation of the bigger ones, right now even this coin tanked 20% i guess the whales done with getting that profit from this random meme coin.
PEPE like Shiba Inu are exception in the meme coin because of their uniqueness they were able to pull and gain the support of the majority of investors which is why they are on top of the meme trends, after the success of PEPE the frog it spurned so many PEPE imitation.
I have to admit I was one of the victims of these PEPE trends a friend invited me to take part in the new PEPE [...]
When you search for "Pepe" on CoinMarketCap, hundreds of coins that imitate the original Pepe coin will appear, including the "Pepe in a Memes World coin," whose symbol is $PEW, which OP referred to, and which appears to be a new coin that was recently listed on some CEX platforms such as Gate, MEXC, Bitget and others, as it reached its all-time high price three days ago, hitting $0.000097, which has since dropped by 64% compared to its current price on
CMC.
Imitation meme coins do not look attractive and pose more and higher risks than old and original meme coins. It is likely that developers and the team behind these coins are the main manipulators of their prices after listing. They may abandon their project to imitate another coin's name in a new project, continuing to mislead and deceive investors into thinking that the Pepe team is behind these imitation coins.
yes imitation never a good investment its just pump and dump at best and there are literally hundreds if not thousands of coin deployed everyday that uses the name PEPE in which I find it rather boring, can't they come up with something better at least.
try to make something unique there's still a ton of meme character out there that they can try but nah they just stick with established meme coin name just for the sake of marketing purpose which honestly i have no problem about.
the ones that invest usually are people that willing to bet on the meme coin using their money knowing it could all dumped to zero anyway.
if i were an avid meme coin investor I'd definitely just stick with the one that has originality at least.