Pepe (PEPE) has seen a significant increase in trading volume in the past 24 hours, surpassing both Shiba Inu (SHIB) and Dogecoin (DOGE). Despite a slight decrease in price, Pepe’s trading volume reached an impressive $281.3 million. This meme-inspired digital asset has a market capitalization of $631 million, exceeding expectations compared to more well-known meme cryptocurrencies like Shiba Inu. Pepe is emerging as a frontrunner in its specific market segment amidst the recent surge in the value of Bitcoin and alternative cryptocurrencies. PepeCoin has experienced a spike of 38.29%, outpacing its counterparts in terms of growth rate. Its market capitalization has surged by 253% in the past 24 hours. Dogecoin and Shiba Inu have fallen behind Pepe in terms of trading volume and market capitalization. This highlights the dynamic nature of meme cryptocurrencies and Pepe’s growing prominence. Pepe’s ascent coincides with a week of gains in the overall cryptocurrency market, emphasizing the enduring popularity and unpredictable price movements of meme cryptocurrencies. Pepe has seen a rapid growth trajectory, surging by 64% in the past week.
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