When comparing $PEPE (Pepe coin) and $SHIB (Shiba Inu), it's important to note several distinctions:
- **Origins**: $PEPE, introduced in 2023 with a green frog logo, draws inspiration from internet memes, while $SHIB, originating in 2020, is linked to the Shiba Inu dog meme.
- **Market Cap**: As of the latest data, $SHIB's market cap exceeds $4.27 billion, while $PEPE's stands at around $280.43 million.
- **Purpose and Use**: $PEPE serves primarily as a meme and mode of online expression, lacking a specific utility, whereas $SHIB aims to function as a decentralized cryptocurrency with diverse applications like a decentralized exchange and artist support.
- **Supply and Circulation**: $PEPE has a total supply of 420.69 trillion PEPE with 391.79 trillion PEPE in circulation, while $SHIB has a total supply of 589.59 trillion SHIB with 589.35 trillion SHIB circulating.
- **Exchange Rate**: Currently, 1 PEPE equals 0.45 SHIB, marking a +2.37% increase for 1 Pepe against SHIB in the past 24 hours.
These factors should be carefully considered when evaluating potential investments or trades between these cryptocurrencies. Always conduct thorough research and factor in the crypto market's volatility before making any financial decisions.
