PEPE Coin Mimicks Shiba Inu; Which Memecoin Gain Upper Hand

Also Read: Expert Shares Bitcoin, DOGE, PEPE Investing Strategy At Bloomberg Event

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Pepe Coin Vs Shiba Inu

An interesting similarity emerged when trading data for PEPE and SHIB were compared in initial days after Binance listing. The Shiba Inu Memecoin was listed in the Binance innovation zone on May 10, 2021, almost two years prior to the PEPE listing. But it was the peak of the 2021 bull run scenario when Shiba Inu was listed, compared to the bearish environment in the current cycle. Yet, PEPE’s daily trading volume numbers have been almost close to that of SHIB in the first few days of Binance listing. To put it in perspective, SHIB’s first 10 days trading volume was at $2.21 billion, compared to PEPE’s $2.075 billion in the first four days.

Also Read: Bitcoin Ordinals Gain Binance Support; May Launch In Sight

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