Pepe Coin Outperforms Shiba Inu, Dogecoin With 9% Gains — How Many Frog Tokens Can You Buy For $1
Portfolio Pulse from Mehab Qureshi
Pepe Coin (PEPE) has surged by 9% in the last 24 hours, outperforming meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) in terms of market capitalization. This coincides with a shift in the cryptocurrency market due to financial institutions like BlackRock, WisdomTree, and Fidelity filing for spot Bitcoin ETFs. PEPE short positions have seen significant liquidations, totaling $2.02 million in the past 24 hours.
July 04, 2023 | 5:00 am
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POSITIVE IMPACT
Dogecoin experienced a price spike of 1% in the last 24 hours, likely due to the overall positive sentiment in the crypto market.
The positive sentiment in the crypto market, driven by filings for Bitcoin ETFs by major financial institutions, has likely contributed to the price spike in Dogecoin.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Ethereum, the blockchain on which Pepe Coin was launched, may see indirect benefits from the surge in PEPE's value.
As Pepe Coin, which was launched on the Ethereum blockchain, surges in value, it could potentially drive more interest and activity on the Ethereum network.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Pepe Coin has surged by 9% in the last 24 hours, outperforming other meme coins in terms of market capitalization.
The surge in Pepe Coin's value is likely due to the overall positive sentiment in the crypto market, driven by filings for Bitcoin ETFs by major financial institutions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Shiba Inu experienced a price spike of 0.73% in the last 24 hours, likely due to the overall positive sentiment in the crypto market.
The positive sentiment in the crypto market, driven by filings for Bitcoin ETFs by major financial institutions, has likely contributed to the price spike in Shiba Inu.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70