How did the appearance of Pepe (PEPE) affect memecoins star Dogecoin (DOGE)?
PEPE, which has recently marked the crypto market, continues its increase in price. Currently sitting on the throne of Memecoins, PEPE has reached a market value of $ 582 million in the past hours, making it among the top 100 cryptocurrencies of the market. Expectations are high from PEPE, which started a trend not only in the crypto industry but also on social media. Looking ahead to other memecoins in terms of popularity and trading volume, can PEPE overthrow Dogecoin (DOGE)?
Pepe (PEPE) vs Dogecoin (DOGE)
Examining the memecoin seasons will be one of the critical data for the question of whether DOGE’s dominance in memecoins will be lost. A memecoin has shined in almost every process of cryptocurrencies. Even though these memecoins are in front of DOGE from time to time, looking at the big picture, it is remarkable that DOGE’s continuity and its presence on the agenda almost all the time. The fact that Tesla and Twitter owner Elon Musk also support DOGE from time to time is one of the most important elements for memecoins.
In the current process, the shining star of memecoins is seen as PEPE. But since these seasons will come and go, it seems likely that DOGE will continue to be permanent. The addition of the DOGE logo to Twitter’s homepage in the past weeks has been one of the best examples of this issue.
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