Pepe Coin

Pepe

Shiba Inu

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/pepe-coin-leads-in-trading-volume" data-wpel-link="internal" rel="noopener noreferrer nofollow">Pepe Coin Leads in Trading Volume</a><br></p>
<p style="text-align: justify">In 2023, Pepe (PEPE), a frog-themed meme coin, outpaced several altcoins, including <a href="https://en.bitcoinhaber.net/exploring-xrp-clawbacks-impact-on-corporate-investment-and-coin-value" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP</a> and Shiba Inu (SHIB), with an extraordinary surge in trading activities. This notable performance propelled PEPE to the forefront of the cryptocurrency <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">market</a>.</p>
<h2 id="how-did-pepe-outperform-xrp-and-shib">How Did PEPE Outperform XRP and SHIB?</h2>
<p style="text-align: justify">A cryptocurrency analyst on X recently highlighted PEPE’s remarkable price performance, noting a 30-day trading volume exceeding $41 billion within the meme coin sector. This surge positioned PEPE ahead of XRP, which generated approximately $34 billion in trading volume, creating a $6.8 billion difference that brought PEPE into the limelight.</p>
<p style="text-align: justify">The substantial trading activity not only placed PEPE among the top 10 cryptocurrencies in both weekly and monthly <a href="https://newslinker.co" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">reviews</a> but also saw it surpassing other popular meme coins like Dogecoin (DOGE), Dogwifhat (WIF), and Floki (FLOKI). DOGE, the leading meme coin, recorded a 30-day trading volume of $24.6 billion, followed by Floki with $23.4 billion.</p>
<h2 id="why-did-pepe-experience-a-price-surge">Why Did PEPE Experience a Price Surge?</h2>
<p style="text-align: justify">In addition to increased trading volumes, PEPE saw a surge of over 50% last month, reaching a market value of $6.8 billion and surpassing Polygon (MATIC). However, its market value recently dipped to $5.39 billion, positioning it at 23rd place.</p>
<h2 id="key-insights-for-cryptocurrency-investors">Key Insights for Cryptocurrency Investors</h2>
<ul>
 <li>PEPE outperformed major altcoins in trading volume, highlighting its rising popularity.</li>
 <li>Dogecoin and Floki, other notable meme coins, also saw significant trading activities.</li>
 <li>PEPE’s market value exhibited high volatility, with dramatic rises and falls.</li>
 <li>Despite a drop in price, PEPE’s trading volume continues to show strong activity.</li>
</ul>
<p style="text-align: justify">Pepe’s price, despite the surge in trading volume, encountered significant drops in the past few days. At the time of writing, PEPE was trading at $0.0000128, marking a decline of over 10% in the last 24 hours. Meanwhile, Shiba Inu also experienced a price drop of 6.36% to $0.00002361. Despite this, both coins saw substantial increases in their 24-hour trading volumes, with PEPE’s rising to $1.9 billion and SHIB’s to $785 million.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/pepe-coin-leads-in-trading-volume" data-wpel-link="internal" rel="noopener noreferrer nofollow">Pepe Coin Leads in Trading Volume</a></h5>

Pepe Coin Leads in Trading Volume

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