Trading Volume Still Favors Pepe Coin (PEPE) Over Dogecoin (DOGE) and Shiba Inu (SHIB)
Pepe Coin (PEPE), despite a 25% decline, remains ahead of Dogecoin (DOGE) and Shiba Inu (SHIB) in trading volume with a daily volume of more than $350 million. This demonstrates that whales are still accumulating PEPE despite its decline. While the meme coin’s market cap has fallen from $1.6 billion to below $700 million, its competitiveness in the digital asset market remains strong. Since its arrival in April, PEPE has become one of the fastest-growing digital assets, with exchanges such as Binance listing it for trading. Although the hype surrounding PEPE seems to be wearing off after hitting its peak on May 5th, it maintains dominance in the meme coin sector.
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