Pepe Surges 50%, Outshining Dogecoin (DOGE) and Shiba Inu (SHIB)!

Frog-themed meme coin Pepe (PEPEUSDT) is currently leading the price metrics, demonstrating remarkable power in the cryptocurrency market. Whereas high memecoins DOGE and SHIB each mustered a comparatively paltry sub-10% surge throughout this timeframe, PEPE’s demonstration of power stands out as it rallies. Is this the new king of meme coins?

Pepe's Dominance: A Look at the Numbers

In the last 24 hours, Pepe (PEPE) has experienced a surge in trading volume, surpassing both Shiba Inu (SHIB) and Dogecoin (DOGE). This surge indicates significant market interest in PEPE.

Pepe vs. Dogecoin (DOGE) and Shiba Inu (SHIB): A Comparison

Hace 2 días Los precios de Dogecoin (DOGE) y Shiba Inu (SHIB) están encontrando soporte alrededor de sus niveles clave el jueves, mirando hacia una recuperación a corto plazo. However, while DOGE and SHIB struggle, PEPE's ascent continues to capture headlines. While PEPE has surpassed DOGE and SHIB in daily trading volume, showing high trading interest, DOGE’s market cap is nearly five times larger, highlighting the established presence of Dogecoin in the crypto space. Despite a minor 5.8% decrease in its price, Pepe’s volume paints a different picture.

Why is Pepe Surging?

PEPE’s remarkable surge ahead of DOGE and SHIB underscores the continued appeal of meme coins in the cryptocurrency market. With softer US inflation data potentially driving risk-on sentiment, PEPE may be benefitting from increased speculative activity.

The Future of Meme Coins: Will Pepe Stay on Top?

The cryptocurrency market is notoriously volatile, and the reign of any meme coin is never guaranteed. However, PEPE's recent performance suggests a shift in momentum. Stay tuned for further updates as we continue to monitor the performance of Pepe, Dogecoin, and Shiba Inu in the ever-evolving world of crypto.