Trading in Shiba Inu is as quiet on Tuesday as it has been for weeks; trading in the younger memecoin PEPE is not. SHIB stands at $5.09 per million tokens on Tuesday evening, which CoinGecko puts at €4.53 per million, 1.73 percent above Monday evening's level. Turnover over the past 24 hours comes to $47.96 million. PEPE is 12.23 percent higher over the same period and changes hands for $468.23 million, 9.76 times the amount, on a market capitalisation that reaches only 64.6 percent of SHIB's.
For a holder in Europe this shift is no footnote. Daily turnover decides how expensive the exit becomes, and it helps decide whether an exchange keeps offering the euro pair at all. Holding SHIB since the record leaves a paper loss of 94.10 percent; buying within the past twelve months leaves 49.75 percent. Both figures demand a decision, and both decisions hang on liquidity.
Shiba Inu and PEPE: Tuesday's turnover
The position in figures, as of Tuesday evening, on CoinGecko market data. Shiba Inu: market capitalisation $2.999 billion, or €2.669 billion, rank 36...
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