Benzinga

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Bitcoin Is Basking In The Limelight, But This Popular Frog Memecoin Stole The Show With 33% Gains — Why Pepe Is Topping The Charts Today?

Pepe Coin PEPE/USD has experienced a staggering 32% surge within the past 24 hours, surpassing the gains of Bitcoin BTC/USD, Ethereum ETH/USD, Dogecoin DOGE/USD, Shiba Inu SHIB/USD, and other major meme coins.

What Happened: The surge in PEPE’s price coincides with a remarkable increase in trading volume, which has seen a 172% rise, reaching an impressive $303 million. The majority of PEPE’s trading occurred on Binance, accounting for over $90 million, followed by Kucoin with over $17 million.

While PEPE’s performance stole the show, other cryptocurrencies also recorded gains during this period. Dogecoin witnessed a 10.65% increase in price, while Shiba Inu rose by 8%. Bitcoin and…

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