SHIB Will Lose Place To PEPE In New Bull Cycle, Analyst Makes The Case
The crypto market is constantly in motion; there is a potential shift in SHIB and its position in the nascent sector. An analyst presented a bullish case for PEPE, which could directly impact SHIB’s position in the meme coin market. Related Reading: Top 3 XRP Developments You Should Be Aware Of That Could Boost Price As of this writing, PEPE has considerably outperformed SHIB and other memecoins. PEPE records a 14% increase in the last 24 hours alone and a 90% increase over the past two weeks, while SHIB records an 18% profit over the same period. SHIB Investors Should Fear PEPE’s Impact?....
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Bitcoin price (BTC) is currently displaying a significant uptrend, showing no signs of slowing down. The cryptocurrency has already begun its fifth bull run, with impressive price targets anticipated in the coming year. A recent report from Matrixport highlights BTC’s history of four distinct bull market cycles, each driven by a unique narrative. However, the latest bull market, which started on June 22, 2023, stands out due to its primary driving force: institutional adoption. Per the report, this surge in institutional interest can be attributed to Bitcoin’s characteristics,....
In the bull market cycle of 2021-2022, the Shiba Inu meme coin made waves in a way that changed the face of meme coins forever. This came after Dogecoin’s initial 36,000% rally, and Shiba Inu followed with an over 1,000,000% rally. Naturally, this has led to the search of the meme coin that will replicate Shiba Inu’s move and so far, the verdict has been that it will be the PEPE meme coin. One analyst deep dives into this, elaborating on why PEPE could pull a similar stunt. Why PEPE Is The Shiba Inu Of This Cycle Crypto analyst Rexha took to the X (formerly Twitter) platform to discuss the....
Meme coins like Shiba Inu (SHIB) and Pepe (PEPE) have proven to be one of the best ways for crypto investors to make massive returns on investments. But amid all of the scams and rugs that have dominated crypto and decentralized finance (DeFi), they can be hard to spot. In line with this, one crypto […]
The CEO at on-chain analytics firm CryptoQuant has declared the end of the Bitcoin bull cycle, but this analyst has provided a counterpoint. Realized Cap Could Provide Hints About What’s Next For Bitcoin In a post on X, CryptoQuant founder and CEO Ki Young Ju has explained why the bull cycle could be over for […]
The PEPE price has remained strong coming out of the crypto market crash, rebounding more than 40% in a single day. This bullishness has fed the narrative for the meme coin, which is touted to be the next big thing on Ethereum. However, the question remains whether the PEPE price will continue to rise from here if it has reached its peak for this cycle. PEPE Price Still Bullish From Here Despite being down around 30% from its May 27 all-time high of $0.00001718, the PEPE price is still showing bullish tendencies. This could point to a continuation, something that pseudonymous crypto....