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Pepe Gains Ground on Shiba Inu in Memecoin Rankings

BSCN avatar BSCN
1 min read
Pepe Gains Ground on Shiba Inu in Memecoin Rankings

Pepe's market capitalization reached approximately $2.11 billion as of November 11, trailing Shiba Inu's $2.61 billion by a ratio of 1.24 to 1. The frog-themed token would need to climb roughly 24% to 25% to surpass Shiba Inu, assuming the latter's value holds steady.

The distance between the two has shrunk considerably. One year ago, Shiba Inu's lead stood at $3 billion but has narrowed to $1.06 billion. Pepe gained about 19% over the past 30 days while Shiba Inu declined, and Pepe's daily trading volume of $696 million significantly outpaces Shiba Inu's $51 million.

Read the full story on BSC News: Pepe (PEPE) Closes In on Shiba Inu (SHIB) in Memecoin Market Cap Rankings

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