What's going with the high gas fee right now? Like 100 gwei!

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source: https:\/\/ethereumprice.org\/gas
According to etherscan, Uniswap is the top-most gas sender.
And according to Uniswap, it seems, that there are lots of PEPE trades.
source: https:\/\/info.uniswap.org
Is my analysis correct?
If this it true, then it's werid, that so much gas is spent for such a sh*tcoin. I mean, people who buy it won't want to spend it right now, when the gas is high, right? And even if someone owns PEPE, why transact with it, when the gas is like more than 3x the daily minimum?