Move over Dogecoin and ShibaInu, there's a new meme coin in town
, with a 24-hour trading volume of $189.2 and a market cap of $9.3 billion, fell behind Pepe despite its larger user base and popularity. Shiba Inu, another meme cryptocurrency, also trailed behind Pepe, recording a 24-hour trading volume of $100 million and a market cap of $4.6 billion.Pepe's surge comes amid a week of gains for the cryptocurrency market at large. Bitcoin and Ethereum , the two largest cryptocurrencies by market cap, saw their prices increase by 14.2% and 8.
The rise of Pepe highlights the continued popularity and unpredictable nature of meme cryptocurrencies, which often experience swift and dramatic price movements.
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