HomeUncategorizedPepecoin (PEPE) vs. Dogecoin (DOGE): Is a flippening on the horizon? By Cointelegraph

Pepecoin (PEPE) vs. Dogecoin (DOGE): Is a flippening on the horizon? By Cointelegraph

June 25, 2023

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A few months ago Pepecoin came and went, bringing quick, unimaginable riches to early investors and turning latecomers into reluctant bag holders.

While the chart resembles the standard crypto pump-and-dump scheme, Pepecoin’s (PEPE) price action this week suggests that the frog-themed token could be the newest contender to (DOGE) in the memecoin sector.

The top three memecoins by market capitalization. Source: CoinGecko
PEPE’s market capitalization as a percentage of DOGE’s market capitalization from April 15 to June 22. Source: CoinGecko
Comparing the trading volumes of PEPE and DOGE. Source: CoinGecko
The Google (NASDAQ:) trend score for Dogecoin (in red) and Pepecoin (in blue). Source: Google