The $PEPE meme coin sees trading volume surge
According to CoinGecko data, Pepe's 24-hour trading volume reached $226 million compared to Shiba Inu's $128.2 million.
Like other meme cryptocurrencies such as Dogecoin and Shiba Inu, Pepe lacks a distinct purpose and mainly exists as a means of speculation, with many wondering whether the project is actually a scam.Despite this, its market capitalization has soared, reaching over $442 million, according to CoinGecko. This has already made it possible for the whimsical meme coin to make it to the top 100.
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