Global #meme coin

PEPE, the meme coin, has achieved a significant milestone by surpassing Polygon (MATIC) in market capitalization, securing the 19th spot in cryptocurrency rankings. During early trading today, PEPE reached a market cap of $7.167 billion, edging past Polygon’s $7.113 billion.

The possibility of an Dogecoin (DOGE) exchange-traded fund (ETF) is being revisited, influenced in part by the optimistic outlook regarding the potential approval of Spot Ethereum ETFs. Crypto analysts speculate that the approval of such ETFs could serve as a precedent for the introduction of additional cryptocurrency funds.

The emerging PoliFi crypto sector, where politics, finance, and cryptocurrency intersect, has generated a new wave of millionaires as a token associated with Donald Trump experienced a surge in value over recent weeks, as indicated by analysis from on-chain data provider Nansen.

Shibarium, the Layer-2 blockchain supporting the popular meme coin Shiba Inu [SHIB], is observing a significant decline in transaction activity.

While the GameStop frenzy appears to be calming down, Bitcoin's price is experiencing a significant surge today. The largest cryptocurrency by market capitalization is now at its highest level in three weeks, reaching $65,872, as reported by CoinGecko.

Shiba Inu’s (SHIB) price is looking for support from broader market trends and its investors to reverse the current downtrend. This shift might occur soon, as SHIB holders have moved from selling to holding their assets.