$PEPE is a meme-based cryptocurrency devoid of inherent worth or anticipation of monetary gains. Lacking an official team or strategic plan, this coin serves no practical purpose and exists solely for amusement.However, it could be an interesting inclusion in your crypto portfolio if you wish to diversify into the meme token space. As a relatively new entrant in the memecoins category, it could enjoy considerable attention, especially during a bull run in the crypto market. Investors’ risk appetite surges during a bullish mood in the crypto market. This, in turn, increases the demand for all kinds of crypto assets, memecoins included, a sentiment that could potentially support the PEPE price.