#内容挖矿 #PEPE会成为下一个DOGE吗？ 🐸Will the price of PEPE continue to rise and surpass DOGE?

With the continued craze for MEME coin, the market has begun speculating whether PEPE will emerge as the leading MEME coin in 2024.
As of now, the value of this multi-chain MEME coin has significantly surged, a trend intensified by investor sentiment shifting from Bitcoin to alternative assets.
The potential of PEPE was demonstrated in an astonishing operation by a trader: he turned a $3000 investment into $46.3 million, embodying the high risk and high return of the cryptocurrency market at that moment.
The leap of PEPE was achieved after it landed on mainstream exchanges, and the surge promoted by the well-known retail trader Keith Gill further accelerated its rise.
Can PEPE surpass DOGE and Shiba Inu?
The market momentum of PEPE comes from its widespread adoption and liquidity. It has nearly $60 million in Wrapped Ether (WETH) and over 223,000 holders, managing approximately 2 million transactions, indicating its strong on-chain activity.
Market sentiment is bullish, benefiting from the large purchases of whales in the PEPE ecosystem, indicating the potential for a bull market.
The potential approval of the Spot Ether ETF by the U.S. Securities and Exchange Commission may also boost the price of PEPE, reflecting the excitement surrounding Ethereum.