PEPE coin (PEPE) is off to another strong start to the week, with a 10% increase in price over the last day due to a general market recovery. In terms of the top three meme coins at the time of writing, PEPE looks to be the clear victor with a price of $0.000001637. While its competitors are on a losing run for the week, PEPE has also maintained a comparatively favourable growth posture.
Comparatively, PEPE has shown to be more open to fresh capital infusions that can trigger significant growth rallies. Compared to the duo of Shiba Inu (SHIB) and Dogecoin (DOGE), PEPE has a stronger propensity for uptrends because to its comparatively lesser market capitalisation, which is estimated to be approximately $644 million.
New expectations for PEPE
Even though PEPE still has a long way to go, there are a few possible turning points we can keep an eye on this week. One is the potential violation of the price level of $0.000002, which would only be possible if the present price rise continues.
When PEPE first appeared, it saw growth that is unique to widely publicised Layer 1 blockchain networks. This is due to the fact that it quickly entered the top 100 cryptocurrencies by market cap and is currently ranked 68th as a result. The continual ascent of the ranking ladder, with its anticipated upward trend, is another essential event to keep an eye on this week.
In the short term, it could be challenging for PEPE to regain its all-time high of $0.000004354, but these tiny victories cannot be counted out.
Winning meme coin war
According to a variety of criteria, PEPE seems to be winning the battle for meme coin domination since it has consistently shown to be more appealing to new investors. According to certain market observers, the SHIB will eventually flip.
