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Shiba Inu trading lags as PEPE surges, narrowing market cap gap significantly in one year

Market News
20 Oct 2026
CryptoTicker
View Source
Neutral
Shiba Inu trading lags as PEPE surges, narrowing market cap gap significantly in one year

Shiba Inu (SHIB) trading remains subdued with a daily turnover of $47.96 million, while the younger memecoin PEPE sees much higher activity at $468.23 million, nearly 10 times more. Over the past year, SHIB's market capitalization dropped by 50.1% to $2.999 billion, while PEPE's fell 35.6% to $1.937 billion, narrowing the gap from $3 billion to $1.06 billion. This shift highlights a sector rotation within memecoins, with PEPE gaining more short-term trading interest and SHIB's circulating supply largely dormant. Investors should watch the $3.29 per million SHIB price level as a key marker for future market cap rankings and consider liquidity and tax implications when trading.

While the news highlights PEPE's surge in trading volume compared to Shiba Inu, on Pluang as of Oct 21, 2026 04:51 WIB, SHIB trades at Rp0,0926 with a market cap of Rp54,24 trillion and a 24-hour volume of Rp877,88 million. Meanwhile, PEPE shows stronger activity with a price of Rp0,0812, a market cap of Rp33,65 trillion, and a 24-hour volume of Rp8,67 trillion. PEPE's higher trading volume and shorter typical hold time of 56 days contrast with SHIB's longer hold time of 106 days, reflecting differing investor engagement on the platform.

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