CandleFocus PEPE Challenges SHIB, Baby Doge Rallies 31%: Meme Coin Market Hits $146 Billion
2024-12-10
Author: Content Editor
The market spotlight has shifted to meme coins, with Dogecoin (DOGE) and Shiba Inu (SHIB) losing value while PEPE surged, potentially challenging SHIB's dominance. Over the past week, DOGE gained 3.26%, SHIB rose 4.27%, and PEPE saw a remarkable 26.14% increase. Other meme coins like WIF, FLOKI, and POPCAT also had notable gains, but fell in the past 24 hours. BabyDoge emerged as a top performer, surging by 31% in a week and gaining significant social media attention. The bulls are in control of BabyDoge's price action, but a price correction could be expected. There are discussions about PEPE potentially overtaking SHIB in market cap. Newer tokens like MOG and BabyDoge are gaining traction to challenge the established leaders.
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