In Last 24 Hours, PEPE Witnesses Over 18% Surge in Trading Volume, Surpasses XRP
In a surprising development, the new deflationary meme coin PEPE has had more trading volume than XRP in recent days. Despite XRP having a higher market capitalization and investor confidence, PEPE’s 24-hour trading volume reached $2.37 billion, triple that of XRP on the same day. An anonymous Twitter influencer first highlighted the trend, revealing that PEPE was now the third largest non-stable coin in terms of daily trading volume. The bulk of PEPE’s trading volume came from Binance, which recently listed the coin on its innovation zone. Since then, other exchange platforms like Crypto.com and KuCoin have followed suit. The new meme coin, launched in April 2023, has been listed among the top 100 cryptocurrencies, and its valuation has increased by 19.26% in the last 24 hours. With such a strong start, investors are optimistic about PEPE’s future.