🐸PEPE price continues to break through, can it surpass Dogecoin?

As the MEME coin craze continues, the market has begun to speculate whether PEPE will become the leading MEME coin in 2024.

So far, the value of this multi-chain MEME coin has risen sharply, a trend exacerbated by the shift in investor sentiment from Bitcoin to alternative assets.

PEPE's potential was reflected in the amazing operation of one trader: he turned a $3,000 investment into $46.3 million, and the high risk and high reward of the cryptocurrency market was embodied at this moment.

PEPE's leap was achieved after it landed on mainstream exchanges, and the enthusiasm of well-known retail trader Keith Gill further accelerated its growth.

🐸 So can PEPE surpass Dogecoin and Shiba Inu?

PEPE's market momentum comes from its widespread adoption and liquidity. It has nearly $60 million in Wrapped Ether (WETH) and more than 223,000 holders, managing about 2 million transactions, which can be seen from its strong on-chain activity.

Market sentiment is bullish, benefiting from the massive purchases by whales in the PEPE ecosystem, indicating bullish potential.

Potential approval of a spot Ether ETF by the SEC could also push up PEPE prices, also reflecting the excitement surrounding Ethereum. #pepe神币 $PEPE