💥💥💥 $PEPE Trading Volume Surpasses $DOGE , $SHIB : Market Analysis

PEPE Surpasses Dogecoin and Shiba Inu in Trading Volume, Market Cap Lags

- PEPE has overtaken Dogecoin (DOGE) and Shiba Inu (SHIB) in daily trading volume, despite DOGE’s market cap being nearly five times larger. PEPE, priced at $0.000007125, has a 24-hour volume of $363.5 million and a market cap nearing $3 billion. Though its volume dropped 37%, rising open interest suggests traders are positioning for future movement.

Dogecoin: Mixed Market Signals

- DOGE, priced at $0.09869, has a trading volume of $449.5 million and a market cap of $14.25 billion. While trading volume fell 30%, rising open interest and options activity indicate potential shifts, though signals remain mixed between bullish and bearish trends.

Shiba Inu: Declining Activity

- SHIB, priced at $0.00001338, has a $152.2 million trading volume and a market cap of $7.76 billion. Reduced volume and open interest point to declining market activity, with a slightly bearish sentiment as long positions are being liquidated more frequently.

Source - coinedition.com

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