PEPE Trading Volume Surpasses DOGE, SHIB: Market Analysis

PEPE Surpasses DOGE and SHIB in Trading Volume, Raises Valuation Questions

PEPE has surpassed both Dogecoin (DOGE) and Shiba Inu (SHIB) in daily trading volume, indicating significant market interest. However, DOGE's market capitalization remains nearly five times larger than PEPE's, highlighting a valuation discrepancy.

Shiba Inu's trading metrics indicate reduced activity and a slightly bearish market sentiment.

PEPE's Surge in Trading Volume

Crypto expert Lark Davis recently observed that PEPE has outpaced DOGE and SHIB in daily trading volume. Notably, PEPE's daily volume exceeds that of both DOGE and SHIB combined.

Valuation Comparison

Despite PEPE's high trading volume, DOGE's market capitalization remains significantly larger. This discrepancy raises questions about PEPE's valuation relative to its meme coin rivals.

PEPE Trading Data

As of the latest updates, PEPE trades at $0.000007 with a 24-hour trading volume of $363,510,204. It has experienced a slight decline of 3.5% in the past day, resulting in a market capitalization of approximately $3 billion. PEPE's circulating supply stands at around 420.7 trillion coins.