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Dogecoin retakes meme coin throne as Shiba Inu, Pepe mania fades
Dogecoin (DOGE), a leading meme coin in the crypto ecosystem, has seen a spike in activity from large wallet investors, popularly known as whales. The uptick in activity and recent price increases has placed Dogecoin as the biggest meme coin by market capitalization for the first time in around two months, regaining a leading position after Shiba Inu and PEPE took the center stage for most of April and May. Whale activity pushed large transaction volume to $1.06 billion on May 28, fueling a bullish sentiment among DOGE holders. While Shiba Inu and PEPE emerged as key competitors for Dogecoin in April and May, the two ... (full story)