Pepe

Polygon

strong bull

NEXT GEN PEPE

<a href="https://bitcoinworld.co.in/can-pepe-flip-polygon-market-capitalization-race-heats-up/" title="Can PEPE Flip Polygon? Market Capitalization Race Heats Up!" rel="nofollow"></a>
<ul> 
 <li style="font-weight: 400">Meme coin <a href="https://bitcoinworld.co.in/pepe-whales-move-21-million-worth-of-coins-here-are-the-destinations/">Pepe</a> has been seeing massive growth in price and volume, climbing closer to Polygon in terms of market capitalization.</li> 
</ul> 
Bitcoin [BTC] and Ethereum [ETH] have solidified their positions as the top two cryptocurrencies by market cap. However, the competition has intensified lower down in the list of top 100 cryptocurrencies.&nbsp; 
Pepe [PEPE] and Polygon [MATIC] are currently locked in a close race for the 18th and 19th spots in the market cap ranking.&nbsp; 
Pepe’s recent surge in price and volume has added to the challenge for MATIC to maintain its position. 
<h3 id="span-style-font-weight-400-pepe-moves-close-to-overtaking-polygon-span">Pepe Moves Close To Overtaking Polygon</h3> 
According to data from CoinMarketCap, there’s been fierce competition for the 18th and 19th spots on the market capitalization ranking. 
&nbsp;Polygon holds the 18th position with a market cap exceeding $7.2 billion.&nbsp; 
However, this position is now being challenged by Pepe, which has experienced significant price gains recently.&nbsp; 
Analysis of Pepe’s market capitalization reveals an increase to over $6.8 billion from approximately $4.6 billion in the past seven days alone.&nbsp; 
This substantial surge has brought Pepe closer to overtaking MATIC; further increases could lead to a change in ranking. 
<h3 id="span-style-font-weight-400-pepe-shows-more-activity-than-polygon-span">Pepe Shows More Activity Than Polygon</h3> 
Analysis of volume trends on Santiment indicated that Pepe has been experiencing a significant surge.&nbsp; 
Over the past seven days, the volume chart for Pepe has consistently shown daily volumes surpassing $2 billion, with some instances nearly reaching the $4 billion mark.&nbsp; 
Currently, the volume stands at over $2.6 billion. 
In contrast, the volume chart for MATIC revealed that it has only exceeded the $1 billion threshold once in close to two months, with a current volume of around $369 million.&nbsp; 
This suggests that Pepe was experiencing higher trading activity than MATIC at press time. 
<h3 id="span-style-font-weight-400-how-their-price-trend-compared-span">How Their Price Trend Compared&nbsp;</h3> 
Analysis of Pepe’s price trend on a daily timeframe revealed that in the last seven days, it has achieved four different all-time highs.&nbsp; 
The most recent was on 27th May, with a price increase of 4.21%, reaching approximately $0.0000167.&nbsp; 
However, as of this writing, it was trading at around $0.0000164, reflecting a decline of approximately 1.5%. 
Despite this decline, <a href="https://coinstats.app/coins/pepe/">Pepe</a> remained in a strong bull trend, with its Relative Strength Index (RSI) indicating oversold conditions. 
<figure id="attachment_73322" aria-describedby="caption-attachment-73322" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-73322" src="https://bitcoinworld.co.in/wp-content/uploads/PEPE-Price-Chart-4-483x300.png" alt="" width="589" height="366" srcset="https://bitcoinworld.co.in/wp-content/uploads/PEPE-Price-Chart-4-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/PEPE-Price-Chart-4.png 760w" sizes="(max-width: 589px) 100vw, 589px">
 <figcaption id="caption-attachment-73322" class="wp-caption-text">
 PEPE Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
On the other hand, analysis of Polygon’s <a href="https://coinstats.app/coins/matic-network/">price trend</a> showed that it also experienced an uptrend on 27th May, with a price increase of 3.94%, reaching around $0.74.&nbsp; 
<figure id="attachment_73321" aria-describedby="caption-attachment-73321" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-73321" src="https://bitcoinworld.co.in/wp-content/uploads/Polygon-Price-Chart-3-483x300.png" alt="" width="531" height="330" srcset="https://bitcoinworld.co.in/wp-content/uploads/Polygon-Price-Chart-3-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/Polygon-Price-Chart-3.png 760w" sizes="(max-width: 531px) 100vw, 531px">
 <figcaption id="caption-attachment-73321" class="wp-caption-text">
 Polygon Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
However, its overall price trend has been less interesting than Pepe’s.&nbsp; 
As of this writing, Polygon was trading at around $0.73, following a decline of over 1%. 
<blockquote>
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</blockquote> 
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Can PEPE Flip Polygon? Market Capitalization Race Heats Up!

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