The memecoin market is witnessing intense competition as Dogecoin (DOGE), Shiba Inu (SHIB), and Mpeppe (MPEPE) compete for the top position. Dogecoin has held the leading spot for a significant time.
However, Shiba Inu has quickly risen to challenge its supremacy. Adding to this competitive environment, a new contender, Mpeppe, is making waves with its innovative approach and gaining attention.