CAN PEPE COIN FLIP DOGECOIN AND SHIB?

Original author：Brigxel Biz

Original source：https://www.youtube.com/embed/cD68za6YQhQ

CAN PEPE FLIP DOGECOIN?



Pepecoin has becomes the biggest meme coin gainer as DOGE, SHIB rally eases.
Meme tokens are seen as a way to bet on the growth of a blockchain, as they are considered more retail-friendly and easier to understand for new investors.

Pepecoin (PEPE) surged as much as 60% in the past 24 hours to extend weekly gains to over 370% amid a meme coin rally sparked by the likes of dogecoin (DOGE) and bonk (BONK) and ultimately triggered by the current spike in the price of Bitcoin.

According to Coingecko data, the trading volumes for the frog tokens jumped to lifetime high about of $3.6 billion,  and gains by pepecoin were significantly higher than meme tokens like shiba inu (SHIB) and dogecoin – even as the developers of some of these tokens upgraded their ecosystems. DOGE for example; gained 170% over the past week, while SHIB gained 200%.

The traction on memcoins right now was first triggered in February as Bitcoin, Etheruem and Solana skyrocketed by more than 10% and since then investors have been betting on the growth of these tokens with the hopes of profits but and one interesting question to as is: Can Pepe coin flip Doge and the other memcoins in the market

A good reason why pepe price is rallying is because on-chain data shows that Futures contracts tracking PEPE had more than $50 million of liquidations and only bitcoin (BTC) and etheruem (ETH) and dogecoin futures liquidations have been greater in the past 24 hours