Can PEPE flip Polygon? Market cap race heats up!

, @media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1708432009695-0_123456"] { min-width: 320px; min-height: 50px; } } @media only screen and (min-width: 640px) and (min-height: 0px) { div[id^="bsa-zone_1708432009695-0_123456"] { min-width: 728px; min-height: 90px; } } Pepe has made significant strides towards Polygon in terms of market capitalization. The memecoin has also surpassed MATIC in volume. Bitcoin [BTC] and Ethereum [ETH] have firmly established themselves as the top two cryptocurrencies by market cap. However, the competition has intensified among the remaining top 100 cryptocurrencies.  Pepe [PEPE] and Polygon [MATIC] are currently engaged in a tight race for the 18th and 19th positions in the market cap ranking.  Pepe’s recent surge in price and volume has made it increasingly challenging for MATIC to maintain its position. @media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1708432127066-0_123456"] { min-width: 320px; min-height: 50px; } } @media only screen and (min-width: 640px) and (min-height: 0px) { div[id^="bsa-zone_1708432127066-0_123456"] { min-width: 728px; min-height: 90px; } } Pepe inches closer to overtaking Polygon According to data from CoinMarketCap, the 18th and 19th spots on the market capitalization ranking have been hotly contested.  Polygon currently holds the 18th position with a market cap exceeding $7.2 billion.  However, this position is now under threat from Pepe, which has experienced significant price gains recently.  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.  This substantial surge has brought Pepe closer to overtaking MATIC; further increases could lead to a change in ranking. Pepe exhibits higher activity than Polygon Analysis of volume trends on Santiment indicated that Pepe has been experiencing a significant surge.  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.  Currently, the volume stands at over $2.6 billion. Source: Santiment 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.  This suggests that Pepe was experiencing higher trading activity than MATIC at press time. Comparison of price trends  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.  The most recent was on 27th May, with a price increase of 4.21%, reaching approximately $0.0000167.  However, as of this writing, it was trading at around $0.0000164, reflecting a decline of approximately 1.5%. Despite this decline, Pepe remained in a strong bull trend, with its Relative Strength Index (RSI) indicating oversold conditions. Source: TradingView On the other hand, analysis of Polygon’s trend showed that it also experienced an uptrend on 27th May, with a price increase of 3.94%, reaching around $0.74.  Source: TradingView Is your portfolio green? Check out the Pepe Profit Calculator However, its overall price trend has been less impressive than Pepe’s.  As of this writing, Polygon was trading at around $0.73, following a decline of over 1%.   Take a Survey: Chance to Win $500 USDT   @media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1708432161540-0_123456"] { min-width: 320px; min-height: 50px; } } @media only screen and (min-width: 640px) and (min-height: 0px) { div[id^="bsa-zone_1708432161540-0_123456"] { min-width: 728px; min-height: 90px; } } Next: Mog Coin price prediction stays bullish post-300% surge – What next? Share Share Tweet