Pepe Leapfrogs Dogecoin, Shiba Inu In 30-Day Gains, Trading Volume: 'No One Is Bullish Enough,' Says Trader
Portfolio Pulse from Khyathi Dalal
Pepe (PEPE) has outperformed Dogecoin (DOGE) and Shiba Inu (SHIB) in recent gains and trading volume, signaling a potential 'meme season' in the crypto market. Traders predict further growth for PEPE, possibly reaching a $10 billion market cap.
September 20, 2024 | 12:05 pm
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NEGATIVE IMPACT
Dogecoin has been outperformed by Pepe in recent 30-day gains and trading volume, indicating a shift in investor interest towards Pepe.
Pepe's significant outperformance in both gains and trading volume suggests a shift in market interest away from Dogecoin, potentially leading to short-term price pressure on DOGE.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Shiba Inu has been outperformed by Pepe in recent 30-day gains and trading volume, suggesting a potential shift in market focus towards Pepe.
Pepe's outperformance in gains and trading volume indicates a possible shift in market focus away from Shiba Inu, which could result in short-term price pressure on SHIB.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80