PEPE Challenges SHIB, Baby Doge Rallies 31%: Meme Coin Market Hits $146 Billion

• PEPE jumped by more than 4% in the past 24 hours while SHIB and DOGE crashed.
• Baby Doge Coin (BabyDoge) skyrocketed by more than 30%.
• BabyDoge claimed a market cap of $859 million but a correction is expected.

Market shifts put meme coins in the spotlight this week, with Dogecoin (DOGE) and Shiba Inu (SHIB) losing over 3% in value over the past 24 hours. In contrast, PEPE surged by 4%, signaling its potential to challenge SHIB’s market dominance.

According to CoinMarketCap data, over the past week, DOGE gained 3.26%, trading at $0.45, while SHIB rose 4.27% to $0.00003116. However, PEPE led the sector with a remarkable 26.14% increase, now priced at $0.00002617. The meme coin market capitalization has reached $146 billion, with a robust $27.7 billion in daily trading volume.

Other meme coins like dogwifhat (WIF), FLOKI (FLOKI), and Popcat (POPCAT) also saw notable weekly gains, rising by 16.60%, 13.17%, and 24.49%, respectively. However, in the past 24 hours, WIF fell 3.27%, FLOKI declined 1.18%, and POPCAT dropped 3.16%.

Market Highlights: Baby Doge Gains Momentum

Baby Doge Coin (BabyDoge) emerged as a key performer, surging by 31% within a week. T…

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