Pepe, a meme token, is gaining significant traction in the market, showing the potential to surpass Shiba Inu as the most popular meme coin. Its value recently hit a new high, boosting investor interest and market presence. Pepe's strong performance even as the broader cryptocurrency market struggles underscores its rising popularity and growing market influence. This ongoing trend is bolstering its position as a dominant player in the meme coin category.

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