Memecoins have been experiencing significant volatility in recent days. $PEPE, one of the prominent memecoins, has seen a decline of more than 15% over the past seven days, reflecting the broader downturn in the crypto markets. Despite this, some investors remain optimistic, citing strong support levels and potential for future gains. Exchanges such as Gemini, Binance, Bitstamp, and OKX have shown support for $PEPE, which is seen by some as following in the footsteps of $DOGE. $PEPE currently stands at $0.000012 with 210 new holders. Meanwhile, $BRETT has made notable gains, recently hitting an all-time high and achieving a market cap of over $40 million. Analysts suggest $BRETT could potentially flip other major memecoins like $DOGE and $PEPE, driven by strong market performance and investor interest. The total memecoin market cap is projected to reach $420.69 billion, with $BRETT aiming for a 5B market cap.