Shiba Inu's market-cap lead over PEPE shrinks 64.6% in a year
- —SHIB market cap fell 50.1% over the year, PEPE 35.6% and Dogecoin 58.1%
- —PEPE turned over $468.23 million in 24 hours versus $47.96 million for SHIB
- —Turnover ratio stands at 24.18% for PEPE and 1.60% for SHIB
- —PEPE would overtake SHIB if SHIB fell to $3.29 per million tokens
Why it matters: Liquidity is shifting from SHIB to PEPE, raising spreads and exit costs for SHIB holders.
Source: CryptoTicker