Gate News reports that on March 20, Shiba Inu's price has declined over 60% during 2025, despite the project launching Shibarium, a Layer 2 solution with DeFi capabilities. This case demonstrates that even when meme tokens are equipped with utility tools, it is difficult to sustain value support. Additionally, the co-founder of PEPE is building a new project based on exchange fee revenue, with relevant details not yet disclosed.

PEPE co-founder announced on March 20 the launch of a new project that will provide token holders with an income source based on exchange fee revenue model. Despite Shiba Inu's launch of Shibarium and integration of DeFi features, it has failed to stabilize token value, demonstrating that even with utility tools, Meme tokens' long-term value remains unstable. The specific name and mechanics of the new project have not yet been disclosed.

On March 16, among the top 100 cryptocurrencies by market cap, Pepe had the largest gain at 17.61%; River had the largest decline at down 5.82%. The overall market showed significant divergence.

Gate News bot message, the top-100 meme tokens have returned to positive territory during the market rebound. $B surged 20.67%, $PEPE rose 19.46%, $WIF climbed 16.48%, $Fartcoin increased 13.60%, and $BONK gained 12.03%.

PANews February 26 News, according to Lookonchain monitoring, trader pepe1stbuyer.eth previously profited over $1.4 million (6965 times ) on PEPE, and recently spent 8.92 ETH ($16,500 ) to buy 2.13 million EDEL tokens. Previously, pepe1stbuyer.eth bought 5.4 trillion PEPE for only $201 when PEPE's market cap was below $16,000, ultimately earning a profit of over $1.4 million.