Since the start of May, the meme coin market has been centered around Pepecoin, a newcomer that has impressed crypto enthusiasts with its performance over the past three weeks, overshadowing established meme coins like Dogecoin, Shiba Inu, and Floki Inu. However, the frenzy surrounding Pepecoin has been fading in recent days due to its high volatility. Seizing this opportunity, Dogecoin, the pioneer of meme coins, is once again striving to reclaim the market's attention. Meanwhile, the announcement of Caged Beasts' adventurous entry into the wild world of the crypto market is also causing ripples in the meme coin realm.