Shiba Inu Vs PEPE Coin: Most Profitable Memecoin To Buy In The Bull Run?
The crypto scene keeps on changing, ya know? New coins and tokens pop up all the time, keeping things interesting. In the last seven days, two coins that have been making waves are Shiba Inu (SHIB) and Pepe Coin (PEPE). They each bring something special to the table, and in this piece, well dig into what makes them tick. Lets take a look at this Shiba Inu vs PEPE coin article in more detail.
Shiba Inu vs PEPE Coin: How has the price moved in the recent days?
As of today, the price of Shiba Inu stands at $0.00001053, with a trading volume of $545.17 million over the past 24 hours. Its market capitalization sits at $6.20 billion, with a market dominance of 0.29%. Over the last day, the price of SHIB has gone up by 9.53%.
Shiba Inu hit its peak price on October 28, 2021, reaching an all-time high of $0.00008819. Its lowest recorded price was on November 28, 2020, when it traded at its all-time low of $0.000105637. Since reaching its all-time high, the lowest price experienced was $0.000055821 (cycle low), while the highest SHIB price post-cycle low was $0.00001168 (cycle high). Currently, sentiment around the Shiba Inu price prediction is bullish, and the Fear & Greed Index indicates a reading of 79 (Extreme Greed).
On the other hand, as of now, the price of Pepe Coin stands at $0.000002105, with a trading volume of $905.91 million over the past 24 hours. Its market capitalization is recorded at $882.22 million, with a market dominance of 0.04%. Over the last day, the price of PEPE has surged by 41.27%.
Pepe Coin hit its peak price on May 5, 2023, reaching an all-time high of $0.000004310. Its lowest recorded price was on April 14, 2023, when it traded at its all-time low of $0.00000000001057. Since reaching its all-time high, the lowest price experienced was $0.0000006111 (cycle low), while the highest PEPE price post-cycle low was $0.000002286 (cycle high). Currently, sentiment around the Pepe Coin price prediction is bullish, and the Fear & Greed Index indicates a reading of 79 (Extreme Greed).
Shiba Inu vs PEPE Coin: Whats the current developments?
Shiba Inu, that big-time meme coin rollin on Ethereum, just did something wild today, February 27ththey dropped a zero from their token value! Talk about a hype boost! And alongside this crazy jump, Shiba Inus SHEboshi got some serious attention, thanks to none other than Shytoshi Kusama, the main brain behind the project.
Now, after Sheboshi made its debut not long ago, it went through a dry spell in terms of availability, proving just how big of a deal it is in the crypto world. And get this, Shytoshi Kusama himself spilled the beans on a major SHEboshi listing announcement over on CoinW, a popular crypto exchange. Things are heating up!
Even though the listing happened on February 23, Kusamas repost is just another sign of how hot this project is and how the community keeps pushing to boost SHIB tokenomics. And hey, speaking of boosts, SHIB token made some serious gains today, riding the wave of the communitys recent progress and a big jump in burn rate. Things are really picking up steam!
So, heres the scoop from CoinW: on February 23, they rolled out the SHEB/USDT trading pair in their MEME & NFT trading zone at 13:00 UTC. The very next day, February 24, they opened up deposits and withdrawals for it at 6:00 UTC.
But wait, theres more! CoinW sweetened the deal by announcing extra rewards for folks depositing over 50 USDT worth of SHEB. They scrapped the idea of random airdrops and instead promised a prize pool of 1,000 USDT worth of SHEB, given out on a first-come-first-serve basis. Plus, users trading with a volume of over 100 USDT also get a piece of a 3,000 USDT equivalent prize pool in SHEB tokens, according to CoinWs statement.
These perks are meant to draw more folks into Shiba Inus world and give a boost to SHIB tokenomics, like we mentioned earlier. And speaking of boosts, Shiba Inu has been making major moves lately, from teaming up with K9 Finance to talk of a potential SHIB ETF, not to mention burning through hefty amounts of SHIB tokens. Things are definitely heating up in the Shiba Inu crypto world!
On the other hand, Pepe hit its all-time high of $0.000001438 just six hours back, showing some ups and downs throughout today. It seems like Pepe is staging a comeback after a whole year, and if this momentum keeps up, it could mark another big moment in the history of meme coins.
The crypto market is currently in the greed zone, sitting at a score of 75, and the big players are doing pretty well. Bitcoin has crossed the $57,000 mark, while Ethereum is cruising above $3200, which bodes well for investors.
PEPEs been riding high lately, thanks to Binances flashy new promo thats got everyone buzzing. Theyre offering sweet rewards, and its got investors flocking in.
Since they dropped the news last Friday, PEPEs price has shot up a crazy 69%, smashing through some big resistance levels like theyre nothing.
But, you know how it goeswhat goes up must come down. Some traders are starting to think PEPE might have gone a bit too far, too fast. They reckon it might be time for a breather.
If things do start to cool off, theres a chance PEPE could find some support around the $0.00000188 mark. Fingers crossed, right? That could set the stage for its next big move up.
PEPE Coin Vs Shiba Inu: Most Profitable Memecoin To Buy In The Bull Run?
When it comes to deciding between PEPE Coin and Shiba Inu for potential profits during this bullish period, its like comparing two hot tickets in town. PEPE has been riding high lately, thanks to a flashy promotion by Binance thats got everyone talking. People are excited, thinking it could mean big returns. But, you know, some folks are starting to wonder if PEPEs rise has been a bit too fast. Theyre thinking maybe it needs to take a breather soon.
Meanwhile, Shiba Inu has been holding its own with some smart moves, like teaming up with other companies and burning through some of its tokens. Its got its own fanbase, and theyre pretty optimistic about its potential.
So, its a tough call. Both coins have their pros and cons. Investors are keeping a close eye on the market, trying to figure out which one might offer the best bet for profits in the long run. Its all about weighing the risks and rewards, and staying tuned to see how the story unfolds.
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Read more: https://cryptoticker.io/en/shiba-inu-vs-pepe-coin-most-profitable/
Text source: CryptoTicker
