Pepe price outperforms Dogecoin, Shiba Inu in meme coin market
Unlike PEPE, leaders of the meme coin market, Dogecoin and Shiba Inu failed to note significant gains in the past seven days.
PEPE, on the other hand, rose by more than 70% in the same duration on the back of its whales.
Shiba Inu is still reeling from the exit of its 40k investors that took off once the price began crashing earlier this month.
The crypto market made a substantial recovery over the past week, with Bitcoin leading the altcoins to profits. However, not every cryptocurrency made it that far in its journey of recovery, particularly the meme coins. PEPE proved to be an unexpected substitute for Bitcoin for Dogecoin and Shiba Inu.
