Pepecoin (PEPE) has experienced a 100% rally, raising questions about whether the frog-themed memecoin will become a serious Dogecoin competitor. While Dogecoin has dominated the memecoin space for years, Pepecoin’s recent price action suggests it could be the newest contender. The token’s gains were accentuated by hints dropped by the U.S.-based Gemini exchange of a potential PEPE coin listing. However, Pepecoin still has a long way to go before it becomes a mainstream memecoin like Dogecoin, which enjoys a first-mover advantage and network-effort dominance.
Key Points:
– Pepecoin experienced a 100% rally, raising questions about whether it will become a serious Dogecoin competitor.
– Dogecoin has dominated the memecoin space for years, but Pepecoin’s recent price action suggests it could be the newest contender.
– Pepecoin’s gains were accentuated by hints dropped by the U.S.-based Gemini exchange of a potential PEPE coin listing.
– However, Pepecoin still has a long way to go before it becomes a mainstream memecoin like Dogecoin, which enjoys a first-mover advantage and network-effort dominance.