Pepe Up 58% But 'Just Getting Started' Because It Could Reach '2021 Dogecoin, Shiba Inu Levels'

Pepe PEPE/USD is continuing its rally on Thursday, up 58% over the past 24 hours amid new exchange listings.

What Happened: Lookonchain data shows that whales are accumulating the meme coin, including one who withdrew 197.39 billion PEPE (worth $4.8 million) from Binance after the Coinbase and Robinhood listing. Another wallet accumulated 751.59 billion PEPE ($17.89 million), Onchain Lens reported.

Pepe has outperformed its rivals Dogecoin DOGE/USD and Shiba Inu SHIB/USD this week:

Trader Notes: Crypto trader Smiley Capital views Pepe as potentially reaching "SHIB/DOGE 2021 levels" and expects a 5-10x gain from current levels, expecting a "generational top."

Daniel Got Hits suggests the Robinhood listing is particularly influential due to its reach beyond just crypto-focused platforms, saying, "Coinbase is just crypto, Robinhood is basically every dude under 40 in America."

MaxBecauseBTC echoed the sentiment, seeing Pepe as the "why didn't I buy it" regret of this cycle and predicting it could eventually hit a $50 billion market cap. He compares Pepe to Shiba Inu after its Coinbase listing.

Statistics: Pepe has added 1,787 new holders in a day, as of November 13. Its trading volume surpassed $18 billion, flipping Solana in the process. With single-day gains of around 58% and increased volume, Pepe currently leads the meme coin market based on past 24-hour trading volume.

Community News: Upbit Korea announced support for Pepe trading effective November 14.

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• If You Invested $100 In Pepe Coin At Launch, Here’s How Much You’d Have Today

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