Comparing the Performance and Potential of Ethereum, Pepe Coin, and Bitgert in the Cryptocurrency Market

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Ethereum is the second-largest cryptocurrency by market capitalization. Ethereum is the most popular platform for smart contracts and decentralized applications (dApps). Ethereum successfully completed its merge upgrade.

This transitioned Ethereum from a proof-of-work to a proof-of-stake consensus mechanism. Ethereum 2.0 aims to improve scalability, security, and energy efficiency. Ethereum also launched its testnet version of the Shanghai Upgrade, which aims to introduce new features and enhancements to the Ethereum network.

There have been some movement on the Ethereum network. At the time of writing this article, there has been a noticeable increase in the accumulation of Ethereum. According to a report, four significant Ethereum addresses have combined to acquire a substantial 56.1K ETH, which is valued at around $94 million.

Ethereum's price, however, has been volatile and declined significantly from its November 2021 high. Alongside Ethereum, we have another popular coin that has been struggling to retain its position in the market, Pepe Coin. Pepe Coin is a meme coin that was inspired by the popular internet character Pepe the Frog.

Pepe Coin aims to be a fun and community-driven token that can be used for tipping, gaming, and charity. Pepe Coin has a total supply of 420.69 quadrillion tokens, of which 395.69 quadrillion are in circulation. Pepe Coin holders can earn rewards by holding the token or by participating in various activities such as contests, giveaways, and memes.