CandleFocus Pepe Demolishes SHIB in Key Metric
2024-09-10
Author: Content Editor
The meme cryptocurrency Pepe (PEPE) has surpassed XRP in daily trading volume, reaching $1.089 billion compared to XRP's $782 million. Despite leading the pack, Pepe is still behind Dogecoin (DOGE) which recorded $543 million in trading volume. SHIB Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, only had a trading volume of $236 million, lagging behind Litecoin (LTC) and Chainlink (LINK). Additionally, Solana-based meme coin Dogwifhat (WIF) ranked third with a trading volume of $426 million. Former Goldman Sachs analyst Murad Mahmudov noted the steady growth and diamond hands of meme coins on Solana, increasing the likelihood of significant price increases.
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