Pepe Coin Emerges as Top Meme Coin, Surpassing Dogecoin and Shiba Inu.
Pepecoin (PEPE) has surpassed Dogecoin (DOGE) and Shiba Inu (SHIB) in trading volume, with over $250 million in the past 24 hours. The surge in trading volume is attributed to frenzied trading activity and automated bots. Early buyers of Pepecoin are taking profits, with one trader turning $1,800 worth of ether into over $3 million worth of Pepecoin in just over two weeks. However, selling pressure is also present, with sellers routinely selling from one ether to over 7 ether worth of the tokens.