Meme Coin Social Showdown: PEPE Leads While SHIB & Doge Follow

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Analyst Downplays Chances of a SHIB ETF, Says Size and Volume Too Low
  • PEPE, SHIB, DOGE, FLOKI, and ELON were ranked as the top 5 memes in terms of social activity.
  • PEPE claimed the top spot, but its price dropped by more than 2% over the past 24 hours.
  • DOGE and ELON were the only two memes that recorded price increases over the past day of trading.

Pepe (PEPE), Shiba Inu (SHIB), Dogecoin (DOGE), Floki (FLOKI), and Dogelon Mars (ELON) are the top meme coins in terms of social activity. According to an X (Twitter) post shared by CryptoDep earlier today, these tokens were the front runners in terms of social mentions, social engagement, and social dominance.

The now popular PEPE was ranked as the meme coin with the most social activity. The cryptocurrency boasted 8.73K social mentions and a social dominance of 1,71%. Sadly, the price of PEPE suffered a price drop of more than 2% over the past day of trading, according to CoinMarketCap.

This left PEPE trading at $0.0000007878, which was just above its daily low of $0.0000007863. Along with its price decrease, PEPE’s 24 hour trading volume also ended up slipping by more than 7%, which left it standing at $42.25 million at press time.

Over the longer term, things were not looking much better for the meme coin as its price was down by 5.91% over the past week as well. Additionally, PEPE’s price dropped by more than 32% over the past 30 days of trading.

Meanwhile, SHIB was the meme coin with the second largest amount of social activity. CryptoDep’s data indicated that SHIB’s social dominance was 2.56% while it had 6.56K social mentions. As was the case with PEPE, SHIB also saw its price drop by more than 2% throughout the past day. As a result, SHIB was worth approximately $0.000007527.

DOGE’s 6.44K social mentions and its social dominance of 3.51% earned it the third position on CryptoDep’s social activity rankings. The top meme by market cap was able to score a price rise of 1.21% over the past day, which left it trading at $0.06406. This pushed the altcoin’s weekly performance up to +1.69%.

FLOKI and ELON were in the fourth and fifth positions respectively. FLOKI had 1.59K social mentions and its social dominance was estimated to be 0.56%. Meanwhile, ELON had 749 social mentions and a social dominance of 0.65%.

With regards to price performance, FLOKI suffered a 0.77% price drop which left it trading at $0.00001684. On the other hand, ELON’s trading value was $0.0000001407 after its price rose by 0.37% during the same period.

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