{"id":3021,"date":"2023-05-05T10:02:03","date_gmt":"2023-05-05T10:02:03","guid":{"rendered":"https:\/\/digitalcoinprice.com\/blog\/?p=3021"},"modified":"2023-05-29T12:29:00","modified_gmt":"2023-05-29T12:29:00","slug":"can-pepe-overtake-shib-and-doge","status":"publish","type":"post","link":"https:\/\/digitalcoinprice.com\/blog\/can-pepe-overtake-shib-and-doge","title":{"rendered":"Can PEPE eventually overtake Shiba Inu and Dogecoin?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-flat ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #223c50;color:#223c50\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #223c50;color:#223c50\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/digitalcoinprice.com\/blog\/can-pepe-overtake-shib-and-doge\/#Whales_became_richer_because_of_PEPE\" title=\"Whales became richer because of PEPE\">Whales became richer because of PEPE<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/digitalcoinprice.com\/blog\/can-pepe-overtake-shib-and-doge\/#This_may_not_be_the_full_extent_of_PEPEs_impact\" title=\"This may not be the full extent of PEPE&#8217;s impact\">This may not be the full extent of PEPE&#8217;s impact<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/digitalcoinprice.com\/blog\/can-pepe-overtake-shib-and-doge\/#Investors_are_confident_in_the_market\" title=\"Investors are confident in the market\">Investors are confident in the market<\/a><\/li><\/ul><\/nav><\/div>\n<p><a href=\"https:\/\/digitalcoinprice.com\/coins\/pepe\" target=\"_blank\" rel=\"noopener\">PEPE<\/a>, another change to gain massive return after <a href=\"https:\/\/digitalcoinprice.com\/coins\/dogecoin\" target=\"_blank\" rel=\"noopener\">DOGE<\/a> &amp; <a href=\"https:\/\/digitalcoinprice.com\/coins\/shiba-inu\" target=\"_blank\" rel=\"noopener\">SHIB<\/a>.<\/p>\n<p>Aiming to be the next Meme Coin, PEPE Token soars to $500M as Meme Coin hits a $502M market cap and following a 2,100% rise since it was issued last month<\/p>\n<p>PEPE matrices showed a bullish signal and increased 23% in the last 24 hours.<\/p>\n<p>Wallets holding PEPE tokens &#8211; excluding centralised exchanges &#8211; hold more than $5 million worth, according to Ethereum block explorer Etherscan.<\/p>\n<p>The major exchange has announced its listing; As of Tuesday, BitMEX has started listing perpetual swaps for PEPE, allowing traders to trade the volatile asset with leverage of up to 50 times. In the past weekend, PEPE has risen by 350%.<\/p>\n<p>Recently emerged as a major player in the meme coin space, <a href=\"https:\/\/digitalcoinprice.com\/coins\/pepe\" target=\"_blank\" rel=\"nofollow noopener\">Pepe [PEPE]<\/a> has been achieving amazing results. A few weeks after the token&#8217;s launch, CoinGecko listed it among the top 100 <a href=\"https:\/\/digitalcoinprice.com\/\" target=\"_blank\" rel=\"nofollow noopener\">cryptocurrencies<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">JUST IN: <a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener\">$PEPE<\/a> entered top 100 on <a href=\"https:\/\/t.co\/k4aUfne70j\" target=\"_blank\">https:\/\/t.co\/k4aUfne70j<\/a> after hitting new all time high $0.00000107 <a href=\"https:\/\/t.co\/pyIXgrq1sn\" target=\"_blank\" rel=\"nofollow noopener\">pic.twitter.com\/pyIXgrq1sn<\/a><\/p>\n<p>\u2014 CoinGecko (@coingecko) <a href=\"https:\/\/twitter.com\/coingecko\/status\/1652923190434476033?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">May 1, 2023<\/a><\/p><\/blockquote>\n<p>As major exchanges announce PEPE&#8217;s listing, the hype continues. Last week, OKX announced the listing of the coin on its spot market. Withdrawals for PEPE will be available on 2 May, with trading in PEPE\/USDT beginning on 1 May.<\/p>\n<p><strong>Related:<\/strong> <a href=\"https:\/\/www.okx.com\/help-center\/okx-will-list-pepe-pepe-for-spot-trading\" target=\"_blank\" rel=\"nofollow noopener\">OKX will list Pepe (PEPE) for spot trading<\/a><\/p>\n<h2 class=\"h2\"><span class=\"ez-toc-section\" id=\"Whales_became_richer_because_of_PEPE\"><\/span>Whales became richer because of PEPE<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Twitter user DeFi Mochi recently posted an insight about how whales benefited from PEPE&#8217;s rise by churning out huge profits. Furthermore, it noted that the wallet bought PEPE worth $217,500.<\/p>\n<p>The wallet generated a profit of nearly $1.5 million over the next two weeks. It later sold for $937,573 to another wallet with the same volume of $223,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Wallet No. 1\ufe0f\u20e3 0x9bcb2<\/p>\n<p>This wallet bought a heavy stack of $217k worth of <a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener\">$PEPE<\/a> at the $0.000000240 mark and accumulated at an avg cost basis of $0.000000259 (its now $0.00000128).<\/p>\n<p>This has netted him a fat profit of $1,493,057 \ud83d\udcb5 over just 2 weeks<\/p>\n<p>2\/6 <a href=\"https:\/\/t.co\/L3Bq05GasE\" target=\"_blank\" rel=\"nofollow noopener\">pic.twitter.com\/L3Bq05GasE<\/a><\/p>\n<p>\u2014 Defi_Mochi (mochi, mochi \ud83c\udf61) (@defi_mochi) <a href=\"https:\/\/twitter.com\/defi_mochi\/status\/1653051722384969728?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">May 1, 2023<\/a><\/p><\/blockquote>\n<h2 class=\"h2\"><span class=\"ez-toc-section\" id=\"This_may_not_be_the_full_extent_of_PEPEs_impact\"><\/span>This may not be the full extent of PEPE&#8217;s impact<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>An interesting possibility has been highlighted by a popular Twitter handle named Eric Cryptoman. This can contribute to the global crypto market&#8217;s further growth. According to his tweet, the meme coin is an anchor to attract new investors to the market.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Stories emerging from coins like <a href=\"https:\/\/twitter.com\/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener\">$SHIB<\/a> and <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener\">$DOGE<\/a> and now <a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener\">$PEPE<\/a> are what really brings retail into the space.<\/p>\n<p>Many of these people will start with memes and end up diving into the ecosystem and eventually place bets into things that can shape the future.<a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener\">#Bitcoin<\/a> is great at\u2026 <a href=\"https:\/\/t.co\/hH9n1oKeDU\" target=\"_blank\" rel=\"nofollow noopener\">pic.twitter.com\/hH9n1oKeDU<\/a><\/p>\n<p>\u2014 Eric Cryptoman (@EricCryptoman) <a href=\"https:\/\/twitter.com\/EricCryptoman\/status\/1653043827983171587?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener\">May 1, 2023<\/a><\/p><\/blockquote>\n<p>Meme coins have historically been the first crypto investment opportunity for new investors, who add to their portfolios as their knowledge grows. It can be concluded, therefore, that meme coins have a bright future considering the hype around PEPE and its milestones.<\/p>\n<h3 class=\"h2\"><span class=\"ez-toc-section\" id=\"Investors_are_confident_in_the_market\"><\/span>Investors are confident in the market<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Looking at the sentiment chart, PEPE&#8217;s prospects continue to look positive. Positive opinions about the meme coin were predominant, as determined by its weighted sentiment metric.<\/p>\n<p>Market sentiment for PEPE remained high based on the sentiment chart. Positive opinions about the meme coin have increased in the weighted sentiment metric, indicating that most people think positively about it.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3029 size-large\" src=\"https:\/\/digitalcoinprice.com\/blog\/wp-content\/uploads\/2023\/05\/PEPE-1024x347.png\" alt=\"Can PEPE outshine Shiba Inu and Dogecoin\" width=\"1024\" height=\"347\" srcset=\"https:\/\/digitalcoinprice.com\/blog\/wp-content\/uploads\/2023\/05\/PEPE-1024x347.png 1024w, https:\/\/digitalcoinprice.com\/blog\/wp-content\/uploads\/2023\/05\/PEPE-480x162.png 480w, https:\/\/digitalcoinprice.com\/blog\/wp-content\/uploads\/2023\/05\/PEPE-768x260.png 768w, https:\/\/digitalcoinprice.com\/blog\/wp-content\/uploads\/2023\/05\/PEPE-1536x520.png 1536w, https:\/\/digitalcoinprice.com\/blog\/wp-content\/uploads\/2023\/05\/PEPE.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;\">Source: Santiment<\/p>\n<p style=\"text-align: left;\">Meme coin, however, experienced substantial exchange outflow, indicating greater buying pressure. Token transfers grew in number, as evidenced by network growth metrics. Also, PEPE has an increased number of active addresses. A further uptick in PEPE&#8217;s price is likely based on the abovementioned metrics.<\/p>\n<div class=\"mceTemp\"><\/div>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3030 size-large\" src=\"https:\/\/digitalcoinprice.com\/blog\/wp-content\/uploads\/2023\/05\/PEPE-Coin-1024x347.png\" alt=\"Can PEPE outshine Shiba Inu and Dogecoin\" width=\"1024\" height=\"347\" srcset=\"https:\/\/digitalcoinprice.com\/blog\/wp-content\/uploads\/2023\/05\/PEPE-Coin-1024x347.png 1024w, https:\/\/digitalcoinprice.com\/blog\/wp-content\/uploads\/2023\/05\/PEPE-Coin-480x162.png 480w, https:\/\/digitalcoinprice.com\/blog\/wp-content\/uploads\/2023\/05\/PEPE-Coin-768x260.png 768w, https:\/\/digitalcoinprice.com\/blog\/wp-content\/uploads\/2023\/05\/PEPE-Coin-1536x520.png 1536w, https:\/\/digitalcoinprice.com\/blog\/wp-content\/uploads\/2023\/05\/PEPE-Coin.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;\">Source: Santiment<\/p>\n<p>Last, if PEPE continues its outperformance, Shiba Inu and Dogecoin might face stiff competition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PEPE, another change to gain massive return after DOGE &amp; SHIB. Aiming to be the next Meme Coin, PEPE Token soars to $500M as Meme Coin hits a $502M market cap and following a 2,100% rise since it was issued last month PEPE matrices showed a bullish signal and increased 23% in the last 24 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3024,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[48,47,49],"class_list":["post-3021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news-updates","tag-doge","tag-pepe","tag-shiba"],"_links":{"self":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/3021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/comments?post=3021"}],"version-history":[{"count":10,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/3021\/revisions"}],"predecessor-version":[{"id":3025,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/3021\/revisions\/3025"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/media\/3024"}],"wp:attachment":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/media?parent=3021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/categories?post=3021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/tags?post=3021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}