Pepe Coin

Pepe

Shiba Inu

Over the past week, the memecoin ecosystem has received a substantial amount of retail investment capital with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe Coin (PEPE) bagging a substantial amount of the volume.&nbsp; 
With the bullish cycle now gradually creeping in, it is not uncommon to find investors exploring crucial growth metrics to see which of the three <a href="https://coingape.com/meme-coin/">top memecoins</a> is winning the bull run. 
<h2 id="strong-shib-vs-doge-vs-pepe-price-outlook-strong">SHIB Vs DOGE Vs PEPE Price Outlook</h2> 
Overall, the memecoin ecosystem has seen a collective surge of more than 74% over the past week with <a href="https://coingape.com/markets/is-pepe-coin-overbought-after-a-600-rally-or-just-warming-up/">PEPE leading in terms of price gains</a>. Over the past week, the frog-themed memecoin has seen its price soar as high as 53.85% with actual spot valuation pegged at $0.000008595. 
This price action marks a reversal from its recently attained All-Time High (ATH) of $0.000009885. The PEPE success did not negatively impact that of Shiba Inu which has maintained a relatively strong support at the $0.00003 price point. Over the past week, Shiba Inu has seen its price jump by 53% by $0.00004534, underscoring the overall diversity in asset allocation among retail investors. 
Dogecoin, with its price <a href="https://coingape.com/price/dogecoin/">pegged at $0.1726</a> has seen the least growth of the three memecoins with just a 22.2% jump from the past week. Determining the dominance per price action and market capitalization still places Dogecoin as the de facto leader as the coin boasts of a market capitalization of $24,661,661,574. 
<a href="https://coingape.com/memecoin-mania-shiba-inu-shib-price-shoots-52-insider-predicts-800-rally-in-a-week/">Shiba Inu</a> made history recently when it rose to the 10th position of the largest cryptocurrencies after displacing Avalanche (AVAX) upon bagging a market cap of $19,708,714,213. PEPE ranks third in this regard with its market cap coming in at $3,551,037,512. The three top memecoins are currently down at the moment as shown in the comparison chart from Coingape. 
<figure id="attachment_185086" aria-describedby="caption-attachment-185086" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-185086" src="https://coingape.com/wp-content/uploads/2024/03/DOGE-Vs-SHIB-Vs-PEPE-Comparison-Chart.jpg" alt="" width="993" height="283" srcset="https://coingape.com/wp-content/uploads/2024/03/DOGE-Vs-SHIB-Vs-PEPE-Comparison-Chart.jpg 993w, https://coingape.com/wp-content/uploads/2024/03/DOGE-Vs-SHIB-Vs-PEPE-Comparison-Chart-300x85.jpg 300w, https://coingape.com/wp-content/uploads/2024/03/DOGE-Vs-SHIB-Vs-PEPE-Comparison-Chart-768x219.jpg 768w, https://coingape.com/wp-content/uploads/2024/03/DOGE-Vs-SHIB-Vs-PEPE-Comparison-Chart-150x43.jpg 150w" sizes="(max-width: 993px) 100vw, 993px">
 <figcaption id="caption-attachment-185086" class="wp-caption-text">
 <a href="https://coingape.com/price/dogecoin/" target="_blank" rel="noopener">DOGE Vs SHIB Vs PEPE Comparison Chart</a>
 </figcaption>
</figure> 
<h2 id="strong-variations-in-memecoin-adoption-curve-strong">Variations In Memecoin Adoption Curve</h2> 
According to data insights from crypto analytics provider IntoTheBlock, there is a wide discrepancy between the holders within each of the memecoin ecosystems. While PEPE only boasts of a total of only 170,000 addresses, the ITB data confirmed that Holders of Shiba Inu and Dogecoin come in at 1.3 million and DOGE’s 6.3 million respectively. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Despite PEPE's impressive performance this month, just 170k addresses currently hold <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a>. This is still significantly lower than SHIB's 1.3M and DOGE's 6.3M holders <a href="https://t.co/sNKZs3y9MR">pic.twitter.com/sNKZs3y9MR</a> 
 — IntoTheBlock (@intotheblock) <a href="https://twitter.com/intotheblock/status/1766751056912871815?ref_src=twsrc%5Etfw">March 10, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
The metrics to measure which memecoin among SHIB, DOGE, and PEPE are numerous but with an underlying trend, a mixture of the bullish traits across the board. 
The post <a href="https://coingape.com/shib-vs-doge-vs-pepe-coin-who-is-winning-the-memecoin-bull-run/">SHIB Vs DOGE Vs Pepe Coin; Who Is Winning The Memecoin Bull Run?</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

SHIB Vs DOGE Vs Pepe Coin; Who Is Winning The Memecoin Bull Run?

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