PEPE and GME are now the preferred meme coins after consistent gains and a surge in market demand. However, is PEPE truly outperforming GME? $PEPE
Meme coins have dominated the crypto market recently, outpacing even Bitcoin with their significant profits over the past few weeks. Currently, the meme coin sector boasts a market capitalization of $60.5 billion and handles $11 billion in transaction volume alone. Notably, PEPE and GME have been central to the excitement around meme cryptocurrencies due to their impressive earnings. So, between PEPE and GME, which one will claim the meme crown, or reach $1 first? Let’s explore this topic.
**PEPE Price Analysis:**
PEPE has set multiple all-time highs within just two months, becoming a staple in investors' portfolios due to its tremendous profit potential. The token has offered many lucrative opportunities, multiplying investments by a hundredfold. Presently, PEPE's price stands at $0.00001222, after recently hitting a new peak of $0.00001274. With the ongoing price increase, PEPE is ranked 24th on CoinmarketCap, boasting a market cap of $5.14 billion and a trading volume of $3.71 billion, which has risen by 423%. The token's bullish trend suggests further potential price increases.
**GME Price Analysis:**
GME, a newly launched Solana-based meme coin, has also seen substantial gains. Since its debut in February 2024, GME's price peaked at $0.01352 and recently set a record high of $0.0219 just last week. Currently, the Gamestop price has dropped to $0.0219 following a 21% decline over the past 24 hours. Its market cap and trading volume have also decreased to $39,312,853 and $69,485,972, respectively. GME's launch with a relatively low supply for a meme coin makes it a unique player in the market.
As both coins vie for the $1 mark, the race continues to heat up in the world of meme coins.
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