Pepe

Shiba Inu

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The market cap of meme cryptocurrency Pepe (PEPE) recently <a href="https://x.com/OnchainLens/status/1856888949303906539" rel="noopener noreferrer nofollow">surpassed</a> the $10 billion milestone.
Earlier today, it reached yet another record high of $0.00002457. It is currently changing hands at $0.00002346 after giving up some of its recent gains, but it is still up as much as 86% over the past 24 hours alone.
Pepe experienced a wild price surge after Coinbase, the leading U.S. exchange, announced that the token would be added to its offering.
On top of that, the Ethereum-based meme coin also became available to Robinhood's U.S. users on Wednesday.
According to data provided by blockchain analytics firm Onchain Lens, a wallet recently accumulated 751.59 billion PEPE ($17.89 million).
Following the most recent price surge, Pepe is now breathing down the neck of Shiba Inu (SHIB). The two meme coins are valued at $15.6 billion and $9.8 billion, respectively.
SHIB remains the only meme coin that has managed to flip Dogecoin (DOGE). However, it has seemingly lost its luster. Now, the token remains down nearly 70% from its record high that was achieved all the way back in October 2024.
Meanwhile, the price of DOGE has surged by more than 100% over the past seven days alone, performing on a par with meme coin up start Pepe. Its market cap has now swelled to $57 billion. This makes it bigger than insurance giantMetLife and Bank of New York Mellon. Dogecoin could also be on track to surpass Rolls-Royce Holdings and Nintendo if its rally continues.
Even after its impressive Elon Musk-driven rally, the price of DOGE is still down as much as 46.7% from its record high. This, of course, shows how absolutely massive its rally was back in early 2021.
As <a href="https://u.today/former-goldman-analyst-predicts-dogecoin-doge-will-be-flipped-by-another-meme-coin-this-year" rel="noopener noreferrer nofollow">reported by U.Today</a>, former Goldman Sachs analyst Murad Mahmudov predicted that another meme coin would end up surpassing Dogecoin as soon as this year. However, such a scenario now seems to be extremely unlikely. <a href="https://u.today/pepe-inching-closer-to-flipping-shiba-inu" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Pepe Inching Closer to Flipping Shiba Inu

U_Today

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