Pepe Price Continues To Surge, Will Dogeverse be the Next Meme Coin to Explode?
The post Pepe Price Continues To Surge, Will Dogeverse be the Next Meme Coin to Explode? appeared first on Coinpedia Fintech News
Meme coin season is resurfacing and Pepe is leading the way, up over 20% today. However, the frenzy does not end with Pepe. Many emerging projects are also gaining pace, and the new presale Dogeverse displays huge potential after raising $15 million.
Pepe Primed as Bull Market Cycle’s Strongest Meme CoinWhile Dogecoin and Shiba Inu dominated the memetic front of 2021’s bull run, analysts expect Pepe to spearhead this cycle as it displays relative strength against other large-cap meme coins.
Currently, Pepe is trading at $0.00001329, up 19% today, 20% this week, and 105% this month. It currently holds a $5.5 billion market cap and a $4 billion 24-hour trading volume, up 83% today.
By market cap, Pepe is the third-largest meme coin and 22nd-largest cryptocurrency. However, by trading volume, it is the largest meme coin and the sixth-largest cryptocurrency.
Indeed, this significant trading volume reflects an intense market interest in Pepe, something also reflected in the opinions of leading analysts.
For instance, Zer0 recently speculated that Pepe will “flip” Shiba Inu in this market cycle. The analyst is referring to Pepe overtaking Shiba Inu by market cap.
Currently, Pepe has room for almost a 3x to catch Shiba Inu’s $15 billion market cap.
$PEPE flipping $SHIB feels like a no-brainer trade at this point
Time for new memes to claim the throne $DOGE however, will stay evergreen imo
