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🐸🚀🚀Pepe Overtakes Solana and DOGE in Daily Volume in ATH Rally
In a continuation of the good news for the Ethereum-based meme coin, #PEPE recently surpassed both Solana (SOL) and Dogecoin (DOGE) in daily volume amid an all-time high rise. Indeed, the memecoin offer officially ranked in the top five in 24-hour trading volume.
Pepe's continued dominance had reached an all-time high earlier on Tuesday. Specifically, the asset has reached a milestone price of $ 0.00001097. Moreover, according to CoinMarketCap, meme coin has increased by more than 15% in the last day.
Pepe Dominates Dialy Volume By Reversing Both SOL and DOGE
during the year 2024, meme coins will become a large part of the digital asset Sunday. Although they have always had a place, this year has seen investors increase their risks to the asset class. This culminated in March with the meme money craze, which raised the prices of newcomers such as Dogwifhat (WIF) and Book of Meme (BOME).
This development led to the growing importance of the Solana network. Many of these new competitive offerings were based on blockchain, which diverted traffic away from Ethereum.
Pepe has been on a rapid rise this week, in the midst of an all-time high rise, with the asset surpassing both Solana (SOL) and Dogecoin (DOGE) in daily volume. In fact, both assets that have been surpassed are important moments to reveal the growing importance of the Ethereum-based meme coin.
In Solana, the local token returned to positive price performance last month. Moreover, it represents the ongoing conflict of Solana and Ethereum for decentralized supremacy. In Pepe, meme coin has surpassed not only Solana's largest meme coin offerings, but also its own local presence.
In October, Dogecoin (DOGE) began to represent the peak of the meem coin market. The original offer is the Sunday leader for a long time. This may not have changed with Pepe's recent rise, but it points to an ongoing shift in meme coins that investors are willing to trust.
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