A friend asked which of the two coins, PEPE and WIF, has higher potential.
Let's compare the data again.
PEPE is the meme sector on the Ethereum chain. It was a popular 10,000-fold market last year. It is the leader of the frog sector. Consensus is strong. The current market value is 2.9 billion US dollars. The top 100 holding addresses have a total circulation of 73%, and the chips are relatively concentrated.
WIF has been rising since the launch of An An this year. The meme coin based on the dog prototype on the Solana chain has a market value of about 1.5 billion. The top 100 holding addresses have a total circulation of 57%, and the chips are relatively dispersed.
In terms of the current advantages, WIF is relatively resistant to declines, but it is obvious that more chips have flowed into the hands of retail investors in the market, and the subsequent downward space is relatively large.
PEPE has relatively concentrated chips, and the subsequent pull-up requires less cost, and PEPE is the leader of the frog. WIF is a small number in the Dogecoin series that I don't know how many hands. So I am more optimistic about PEPE.