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#PEPE会成为下一个DOGE吗？ #PEPE会成为下一个DOGE吗？
PEPE's market dynamics come from its widespread adoption and liquidity. It has nearly $60 million worth of Wrapped Ether (WETH) and over 223,000 holders, managing around 2 million transactions, demonstrating its strong on-chain activity.
Market sentiment is bullish, benefiting from the large-scale purchases of whales in the PEPE ecosystem, indicating the potential for a bull market.
The spot Ether ETF that may be approved by the U.S. Securities and Exchange Commission (SEC) could also drive up the price of PEPE, reflecting the excitement surrounding Ethereum. It may surpass DOGE in the future.