Celebrity Name Speaks for 21,000 Times Boom Coin: Will It Overtake SHIB and DOGE?

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Stepping into the meme coin world PEPErecorded a huge rally a few days after its launch and managed to become one of the most talked about crypto world.

Launched last Sunday, PEPE managed to rise more than 21,000 times in three days. This being the case, many began to debate whether it could surpass older meme coins like DOGE and SHIB.

Although David Gokhshtein did not share the same opinion, he said in a tweet yesterday that PEPE cannot replace Shiba Inu or Dogecoin.

Specifically, both the Shiba Inu and Dogecoin were in their early days. meme coin started as However, both cryptocurrencies continue to offer real-world uses, especially as a payment method, expanding their use cases.

Gokhshtein explained how PEPE ended, adding that it could be likened to Bonk Inu token, a Solana-based meme coin launched in December 2022. reminded.

As Koinfinans.com reported, David Gokhshtein is a strong supporter of SHIB and DOGE. Therefore, its “critical” attitude towards PEPE is hardly a coincidence.

PEPE Meme Coin Attracts Attention With Massive Rally

Despite Gokhshtein’s critical opinion, it is imperative to acknowledge some of the successes of the meme coin, which recorded a strong rally. The trading of PEPE was a very serious amount for a cryptocurrency that started as a joke.

According to Coinecko’s data, PEPE has a market cap of $114.6 million and a 24-hour trading volume of $98.3 million. PEPE is trading at $0.000000280053, up 274% in the last 24 hours. Coinecko also tagged PEPE as number one in trends in a tweet today.

You can follow the current price action here.

Source : The Crypto Basic


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