Shiba Inu, Dogecoin Volumes Fail to Catch Up with PEPE’s Popularity

• Meme token PEPE surges in volume, surpassing SHIB & DOGE.
• PEPE ranks 8th in trading volume, market cap at $4.62 billion.
• SHIB community awaits price rally despite burning efforts.

The meme token PEPE has experienced a remarkable surge in trading volume, surpassing both Shiba Inu (SHIB) and Dogecoin (DOGE) in recent activity. According to CoinMarketCap data, PEPE currently ranks as the eighth-highest digital asset by trading volume.

PEPE’s current trading volume sits at $2.2 billion, reflecting nearly 200% increase over the past 24 hours. This surge has propelled the token to a market capitalization of $4.62 billion, placing it at number 25 in the cryptocurrency sector.

In contrast, Shiba Inu (SHIB), the 12th biggest cryptocurrency with a market cap of $15 billion, has a trading volume of only $851 million, representing a 129.80% surge in the past 24 hours. Likewise, Dogecoin (DOGE), the eighth-biggest digital asset with a market cap of $23.6 billion, saw a 117.64% surge in trading volume, with $1.79 billion being traded in the past 24 hours.

Social media users pointed out that PEPE’s current…

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