Pepe Coin (PEPE) has emerged as one of the most talked-about meme tokens this September, rallying strongly on the back of a massive supply drop and surging demand.

PEPE rallied to a one-month high of $0.00001200 on Sept. 13, fueled by a dramatic reduction in exchange reserves.

Over just two days, 1.1 trillion tokens left exchanges, reducing the total supply held on exchanges to 255.9 trillion from 257 trillion on Sept. 11.

As per CoinMarketCap data , PEPE’s trading volume surged to $1.34 billion, surpassing Shiba Inu’s $198 million and Pudgy Penguins’ $290 million.

PEPE Price Analysis: Flipping Dogecoin (DOGE)

Despite its explosive growth, PEPE’s market cap remains at $4.54 billion, far below Dogecoin’s commanding $40.26 billion valuation.

With PEPE currently priced at $0.00001082,

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