Pepe (PEPE), a relatively unknown cryptocurrency, has seen a dramatic surge in trading volume over the past 24 hours, outperforming both Shiba Inu (SHIB) and Dogecoin (DOGE).
Despite a dip in its price of 5.8%, Pepe's 24-hour trading volume reached a staggering $281.3 million.
The meme-inspired digital asset's market capitalization sits at $631 million, showing significant growth over the past week.
Compared to the more popular meme cryptocurrencies, Dogecoin and Shiba Inu, Pepe's trading volume has significantly exceeded expectations.
RelatedLitecoin Mining Difficulty Keeps Hitting New Highs
Dogecoin
Image by twitter.com
Pepe's surge comes amid a week of gains for the cryptocurrency market at large. Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market cap, saw their prices increase by 14.2% and 8.8% respectively over the past week. Bitcoin's 24-hour trading volume stands at $10.6 billion, and Ethereum's at $7.2 billion.
The rise of Pepe highlights the continued popularity and unpredictable nature of meme cryptocurrencies, which often experience swift and dramatic price movements.
The meme coin is up 64% over the past week alone.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
