The recently created Pepe token (PEPE), which has seen frenzied trading activity, has seen trade volumes surpass those of dogecoin (DOGE) and Shiba Inu (SHIB), the two biggest meme coins by trading volume.
In the last 24 hours, Pepe trade volume increased to almost $250 million amid a weekend price increase of 100% in a rally that turned around on Tuesday night. Dogecoin saw $225 million in trading volume during that time, compared to $100 million for Shiba inu.
According to CoinGecko data, the decentralized exchange Uniswap had a $43 million trading volume for Pepe tokens, followed by the cryptocurrency exchange OKX with around $76 million.
The recently created Pepe token (PEPE), which has seen frenzied trading activity, has seen trade volumes surpass those of dogecoin (DOGE) and Shiba Inu (SHIB), the two biggest meme coins by trading volume.
In the last 24 hours, Pepe trade volume increased to almost $250 million amid a weekend price increase of 100% in a rally that turned around on Tuesday night. Dogecoin saw $225 million in trading volume during that time, compared to $100 million for Shiba inu.
