PEPE

Shiba Inu

<ul class="wp-block-list news-points"><li><strong>PEPE has surpassed DOGE and SHIB in daily trading volume, showing high trading interest.</strong></li><li><strong>Despite PEPE’s high volume, DOGE’s market cap is nearly five times larger, highlighting valuation differences.</strong></li><li><strong>Shiba Inu’s trading metrics show decreased activity and a slight bearish sentiment in the market.</strong></li></ul><p>Crypto enthusiast Lark Davis recently highlighted on X that <a href="https://coinedition.com/whale-buys-billions-of-pepe-potential-for-price-surge/" rel="noopener noreferrer nofollow">PEPE</a> has outpaced both Dogecoin (DOGE) and Shiba Inu (SHIB) in daily trading volume. However, DOGE’s market cap remains nearly five times larger than PEPE’s. This discrepancy raises questions about PEPE’s valuation compared to its meme coin counterparts.</p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><p><a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a> has more daily volume than <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a> and <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> combined.<br><br>Meanwhile, <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a>'s market cap is almost 5x bigger than <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a>.<br><br>Should PEPE be valued as much as DOGE or SHIB? <a href="https://t.co/uxLGwRqN7p" rel="noopener noreferrer nofollow">pic.twitter.com/uxLGwRqN7p</a></p>— Lark Davis (@TheCryptoLark) <a href="https://twitter.com/TheCryptoLark/status/1831783401168269502?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 5, 2024</a></blockquote></div></figure><h2 class="wp-block-heading" id="h-pepe-trading-volume-surge-and-market-sentiment">PEPE: Trading Volume Surge and Market Sentiment</h2><p>PEPE’s price stands at <a href="https://coinmarketcap.com/currencies/pepe/" rel="noopener noreferrer nofollow">$0.000007</a>, with a 24-hour trading volume of $363,510,204. The coin has dropped roughly 3.5% over the past day, bringing its market cap to just shy of $3 billion. PEPE’s circulating supply is approximately 420.7 trillion coins, with a m…</p><p>The post <a href="https://coinedition.com/pepe-trading-volume-surpasses-doge-shib-market-analysis/" rel="noopener noreferrer nofollow">PEPE Trading Volume Surpasses DOGE, SHIB: Market Analysis</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

PEPE Trading Volume Surpasses DOGE, SHIB: Market Analysis

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