PEPE Tops Shiba Inu in Social Engagement and Trading Volume
PEPE has overtaken Shiba Inu in both social engagement and trading volume, signaling a shift in the meme coin market. Over the past 24 hours, PEPE recorded 1.5 million social interactions across 22,800 posts, compared with Shiba Inu’s 791,600 interactions on 15,600 posts. On the trading front, PEPE’s 24-hour volume surged to $583.1 million vs. Shiba Inu’s $205 million. Dogecoin still leads social metrics with 3.6 million interactions. Other meme tokens driving social activity include TRUMP, PUMP, BONK, PENGU, FARTCOIN, GOAT and GIGA. Despite this momentum, Shiba Inu retains a $7 billion market cap and 1.5 million holders, while PEPE’s market cap stands at $4 billion with 482,000 holders. Crypto traders should watch PEPE’s rising social volume and trading momentum as bullish indicators for meme coin price movements.
Bullish
PEPE’s surge in social engagement and trading volume indicates growing market interest and potential buying pressure. High interaction metrics often correlate with short-term price spikes as traders react to increased visibility. While PEPE’s market cap and holder count remain below Shiba Inu’s, the rapid momentum in both social metrics and volume serves as a bullish signal for near-term trading. Long-term sustainability will depend on continued engagement and broader market conditions, but current indicators favor upward pressure on PEPE’s price.