Pepe token (PEPE), a freshly-debuted meme-based cryptocurrency, has surpassed the trading volumes of its counterparts, Dogecoin (DOGE) and Shiba Inu (SHIB), due to a whirlwind of transactions. The Pepe token experienced a trading volume explosion of over $250 million within the last 24 hours, fueled by a 100 percent price increase over the weekend.