PEPE Is Closing In on SHIB in the Memecoin Rankings $PEPE is closing in on $SHIB, according to CoinGecko data as of November 11. PEPE's market capitalization stands at roughly $2.11 billion, while SHIB's is $2.61 billion. SHIB currently leads PEPE by 1.24x. A rise of just 24-25% is needed for PEPE to dethrone SHIB while SHIB remains flat. Over the last 30 days, PEPE has gained roughly 19%, while SHIB, along with other key memecoins, has declined. PEPE also enjoys much higher trading volumes, with $696 million on PEPE versus $51 million for SHIB. Memecoins are highly volatile; hence, the likelihood of a dethroning remains uncertain.

Pepe ($PEPE) has pulled ahead of the rest of the memecoin pack over the past month 🚨 Arkham has traced a multimillion-dollar $PEPE position to wallets tied to @justinsuntron, while @Shibtoken ($SHIB) slipped over the same stretch. Full story ⬇️ Read it here:

PEPE has had a busy few weeks since mid-October. The appetite for memecoins hasn’t faded, as @pepecoineth ($PEPE), the frog-themed memecoin on Ethereum, has been on the rise for most of the past 30 days. Here are some key developments: [Oct 18] PEPE rose 4.7% after 7.2T tokens moved to a wallet linked to Tron founder @justinsuntron. Arkham later tied nearly 3% of supply to Sun-linked wallets, making him the top individual holder [Oct 22] PEPE gained about 6% as futures trading volume neared $900M [Oct 30] The attacker behind the Binance breach sold 7.77T PEPE, worth about $31.7M, per Lookonchain. The price dipped briefly before buyers absorbed the sale [Nov 9] PEPE rose more than 4% in a single hour PEPE now trades around $0.0000052, up 1.7% in the past 24 hours.

PEPE just crossed 600,000 holders. According to data from @etherscan, the $PEPE army has just hit a major holder milestone on $ETH. @pepecoineth's total holders now stands at exactly 600,013, having grown by nearly 5,000 over the past two weeks. 700,000 next...

PEPE Among The Biggest Targets in Mercado Bitcoin Exploit Brazil’s largest crypto exchange, Mercado Bitcoin, has suffered a major security breach. Lookonchain estimates the stolen assets exceed $46 million. The attacker still holds 372.99 billion ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 (@pepecoineth), worth around $1.79 million. $AAVE (@aave), $PENDLE (@pendle_fi) and $VIRTUAL (@virtuals_io) are also in the wallet, alongside $16.4 million worth of $ETH and $BTC More than $9 million in stolen assets has reportedly been frozen.

PEPE rose roughly 15% in 24 hours after Arkham linked about $51.25 million of the memecoin, 2.82% of supply, to wallets tied to Justin Sun, who has not confirmed the position. Full BSCN Daily episode: