Pepe Shiba Inu (SHIB) – The trading volume of the meme-based cryptocurrency Pepe (PEPE), which is approximately two times larger than that of its rival Shiba Inu (SHIB), has recently increased. The 24-hour trading volume for Pepe was $226 million compared to Shiba Inu’s $128.2 million, according to CoinGecko data.
Pepe, which was introduced earlier this year, has grown quickly as a result of its connection to the Pepe the Frog online craze. A variety of far-right organizations and people have taken the meme, which was initially neutral and innocent and has exploited the character in offensive, racist, and anti-Semitic settings.
READ ALSO
- CFTC Orders Bitcoin Fraudster to Pay Record $3.4B Penalty in Largest-Ever Case
- Unizen and THORChain Partner to Boost DeFi Interoperability and Liquidity
- Robinhood Introduces “Connect” to help Simplify Web 3 Access
- What is the Contentos AI Roadmap?
- Pepe (PEPE) Double Shiba Inu (SHIB)
- Bitcoin Plummets $2500 in Minutes, Causing Liquidation of Over 79K Traders
Pepe lacks a clear goal and mostly operates as a tool of speculation, similar to other meme cryptocurrencies like Dogecoin and Shiba Inu. Many people are speculating whether the project is indeed a hoax.
Advertisement
Despite this, according to CoinGecko, its market valuation has increased dramatically and is now over $442 million. The whimsical meme coin’s ability to reach the top 100 has already been made possible by this. Tether (USDT), Bitcoin (BTC), and Ethereum (ETH), together account for $24.9 billion, $19 billion, and $9.4 billion of the top cryptocurrencies by trading volume, respectively.
Pepe (PEPE) Price Today
With a 24-hour trading volume of $402,844,191 USD, the current live price of Pepe is $0.000001 USD. We continuously update our PEPE to the USD exchange rate. Pepe has increased by 115.96% over the past 24 hours. The position on CoinMarketCap right now is #2613.
Shiba Inu (SHIB) Price Today
The current Shiba Inu price is $0.000010 USD with a $116,970,981 USD 24-hour trading volume. We continuously update our SHIB to USD pricing. On the previous day, Shiba Inu decreased by 2.54%. With a live market cap of $5,893,852,911 USD, CoinMarketCap now ranks 15th.
USD Coin (USDC), Binance USD (BUSD), TrueUSD (TUSD), BNB (BNB), XRP (XRP), Solana (SOL), Litecoin (LTC), Dogecoin (DOGE), Arbitrum (ARB), TRON (TRX), Cardano (ADA), and Polygon (MATIC) are some of the other top cryptocurrencies in terms of trading volume.
The goals of Pepe’s roadmap include expansion, community involvement, and growth. The initiative seeks to unseat Dogecoin and other well-known meme-based coins. The roadmap’s major checkpoints cover community relationships and exchange listings. The primary objective is to draw more than 100,000 holders.