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Memecoin PEPE gains strength, may overtake SHIB as second-largest memecoin by Q4 end.

Market News
11 Nov 2026, 22:00 WIB
AMBCrypto
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Bullish
Memecoin PEPE gains strength, may overtake SHIB as second-largest memecoin by Q4 end.

Since the October 2025 crypto crash, memecoins lost about $47 billion in value, with SHIB dropping 60% and PEPE 40%. PEPE has shown stronger momentum, recovering more than 60% from its Q3 2026 low and gaining market share against SHIB and Bitcoin. Recent trading activity and technical strength suggest PEPE could surpass SHIB to become the second-largest memecoin by market cap before Q4 ends, despite broader market challenges.

Following PEPE's recent rally discussed in the article, on Pluang as of Nov 12, 2026 03:21 WIB, PEPE trades at Rp0,0871 with a market cap of Rp36,61 trillion but is down 7.97% in the last day. Meanwhile, SHIB is priced at Rp0,0803, slightly up 0.85% over the same period, holding a larger market cap of Rp47,52 trillion. Despite PEPE's strong gains, SHIB still commands more buying interest and a longer average hold time on the platform.

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