#PEPE Meme Coin Sees $41 Billion in 30-Day Trading Volume

Recent data reveals that the PEPE meme coin has drawn more attention than major cryptocurrencies like XRP and Shiba Inu in the last few days, evidenced by its impressive 30-day trading volume. According to CoinMarketCap, PEPE amassed a 30-day trading volume of over $41 billion, with 2.86 quadrillion PEPE tokens traded during this period.

In comparison, XRP, the seventh most valuable cryptocurrency, recorded a trading volume of $34.2 billion in the same timeframe, falling short of PEPE by $6.8 billion. Despite XRP's recent gains and PEPE trading in the red, the meme coin still achieved a higher 24-hour trading volume.

Moreover, PEPE's 30-day volume outperformed other major cryptocurrencies besides XRP. It surpassed Dogecoin’s volume by $16 billion and was 50% higher than Shiba Inu's. Earlier, PEPE's volume was $400 million more than Solana's, though Solana eventually overtook it.

PEPE's popularity soared over the past month due to a significant price rally. Before a Bitcoin-led mini bull run two weeks ago, PEPE had already surged by 51.5% from $0.000007629 to $0.00001156, briefly retracing afterward. When Bitcoin hit a high of $71,946 on May 21, PEPE experienced another dramatic rise, reaching a new all-time high of $0.00001718 on May 27.