PEPE Could Knock Out Shiba Inu As Unexpected ‘Memecoin Momentum’ Builds Up — Here’s Why

PEPE Could Knock Out Shiba Inu As Unexpected ‘Memecoin Momentum’ Builds Up — Here’s Why
фото показано с : zycrypto.com

2024-4-2 00:23

PEPE has attracted much attention over the past few days, with the last 24 hours taking the memecoin’s total market cap to upwards of $3 billion. A recent pullback hasn’t damaged the coin’s bullish record much.

Investors and traders seem very interested in PEPE lately. From a contextual point of view, it’s noticeable that many people think the coin’s still on an upward trend. There have been rumours and debates on whether PEPE can mount a significant bull run to dislodge Shiba Inu (SHIB) as a top meme coin.

PEPE Market Dynamics

For starters, PEPE’s total supply is drying up, and that means more demand to come as the market forces play their part. The PEPE stats on CoinMarketCap show a 24.6% jump in total market cap over the last 24 hours to reach a high of $3.44 billion. This is after a surge towards the $4 billion mark, followed by a pullback to the current mentioned figures. 

Regarding circulating supply, PEPE has a maximum of 420.69 trillion coins. All of these coins are already in circulation at the time of this writing. The coin’s bullish outlook is backed up by an RSI of 66 and a 50 EMA at $0.0000079.

Can PEPE Beat Shiba Inu?

As mentioned, PEPE’s popularity has given rise to a notion that it could soon outrank Shiba Inu. Currently, PEPE sits at position 42 in the charts while SHIB is at position 12—according to data on CoinMarketCap. SHIB has had a strong market and support community for a long time, and PEPE would have to perform much more spectacularly to present a tough treat to SHIB.

However, it’s worth noting that PEPE is becoming more popular, and many analysts and investors are becoming interested in its market. At the time of this writing, the coin trades at around $0.000007881. Watching PEPE as the larger crypto market prepares for the coming Bitcoin halving will be interesting.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

SHIBA INU (SHIB) на Currencies.ru

$ 0 (+1.82%)
Объем 24H $11
Изменеия 24h: 8.92 %, 7d: 2.86 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 3428
Доступно / Всего 0 SHIB

inu shiba pepe mount significant whether dislodge

Источник: zycrypto.com

inu shiba → Результатов: 126


В сети Shiba Inu по ошибке сожгли миллиарды токенов

В течение апреля в сети Shiba Inu в рамках 204 различных транзакций произошло сжигание примерно 1,69 млрд токенов SHIB. Значительное сокращение доступного предложения популярного мемкоина Shiba Inu в апреле было вызвано не стратегическими рыночными маневрами рынка, а случайными переводами SHIB.

2024-5-3 19:14


Shiba Inu Is Still The Dogecoin Killer, Lead Dev Says

Pseudonymous Shiba Inu lead developer, Shytoshi Kusama has reignited the rivalry between Shiba Inu and Dogecoin by making a controversial statement underscoring SHIB’s dominance over DOGE.  SHIB Remains A Formidable DOGE Contender In an X (formerly Twitter) post published on Monday, March 4, Kusama rekindled discussions about Shiba Inu’s renowned title as the “Dogecoin Killer”, […]

2024-3-7 23:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto whale snaps up 357.3 billion PEPE on Binance amid meme coin frenzy

In a major development in the cryptocurrency world, a crypto whale has reportedly purchased a massive 357.34 billion PEPE tokens, valued at approximately $2.9 million, from the Binance exchange. This transaction was highlighted by the major analytics account on X, @lookonchain, which noted the subsequent withdrawal of these tokens to a private wallet, signaling the […]

Is Shiba Inu's 10% price hike going to last? Here's what the signs say...

SHIB’s price has risen by almost 10% in the last week. However, the rally may be shortlived, as bearish momentum remains significant.  Leading meme coin Shiba Inu [SHIB] may shed its currThe post Is Shiba Inu's 10% price hike going to last? Here's what the signs say... appeared first on AMBCrypto.

Why Shiba Inu felt little impact of the Shibarium hardfork

New transactions have dropped on the Shibarium. SHIB has declined by close to 3% in the last 48 hours. The Shibarium hardfork occurred recently. Following the hardfork, what has been the treThe post Why Shiba Inu felt little impact of the Shibarium hardfork appeared first on AMBCrypto.