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Vladislav Hryniv
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đŸ’” ZyCrypto Analysis: Can $PEPE Beat $SHIB ? 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. 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. #PEPEGrowth #PepeCrypto

đŸ’” ZyCrypto Analysis: Can $PEPE Beat $SHIB ?

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.

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.

#PEPEGrowth #PepeCrypto

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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👀 AMBCrypto Analytics: $SHIB Price Prediction The 12-hour price chart revealed that since 15 March, the $0.00003-level has been important. The bulls briefly flipped it to support in the final week of March, but were unable to hold on. The recent bounce also halted at $0.00000295, just below this level. The RSI highlighted that the momentum was indecisive with a reading of 47. The Chaikin Money Flow was also similarly indefinite. It has not moved significantly beyond +0.05 or -0.05 since mid-March. The price action and the indicators showed that SHIB is in a consolidation phase. A CMF move beyond dotted white lines could be an early signal of rising buying (or selling) pressure and an impending SHIB move in that direction. The 30-day MVRV ratio dropped into negative territory earlier this month, signaling an undervalued asset. The mean coin age, on the other hand, has strongly trended upwards since early March. It is a strong buy signal, especially since the token is consolidating under resistance. The Open Interest has also dropped substantially over the past ten days. It showed that speculators preferred to remain sidelined and have not been willing to bet on SHIB’s price movement on the charts. Dormant circulation had sizeably spiked in early March, when the mean coin age nosedived. Since then, the dormant circulation has been quiet. This is another sign that significant selling pressure and token movement has been absent in recent weeks. #SHIBđŸ”„đŸ”„
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đŸ’” According to CryptoNews: $DOGE Price Prediction If Dogecoin is to hit new highs for the year above $0.23 and overtake USDC, calls for it to soon hit $1 will grow once again. It will be difficult for Dogecoin to achieve 5x growth from current levels this bull market, but not impossible. Imagine a scenario where BTC breaks above $100,000 in the coming quarters. That would mean Bitcoin’s market cap moving above $2 trillion. Well, for Dogecoin to reach $1, its market cap would “only” need to grow to around $144 billion. That would only be around 7% of Bitcoin’s market cap. Let’s also assume that as Bitcoin breaks above $100,000 and its market cap above $2 trillion, its dominance declines. Say its dominance declines to 40% (from the current 50%). It’s feasible that the cryptocurrency market cap excluding Bitcoin could reach around $3 trillion in this scenario. A market cap of $144 billion would put Dogecoin at under 5% of the crypto market cap, excluding Bitcoin. These are not unrealistic growth numbers for the world’s most popular and well-known meme coin. In the wild crypto markets, anything can happen. Traders shouldn’t rule out $1 Dogecoin in 2024 or 2025. #Dogecoin‏⁩
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đŸ’„ AMBCrypto Analytics: What Next to $ENA ? ENA has also been making waves in the speculative market. According to AMBCrypto’s analysis of Coinglass’ data, the Open Interest (OI) in ENA Futures surged to $372 million at press time, indicating a higher number of bets to profit from its future price action. More than 50% of the positions seemed to be gunning for ENA’s price increase, as evidenced by the Longs/Shorts Ratio. This is a sign that traders are confident that the bullish momentum will sustain itself. However, at press time, the social frenzy around the coin was tapering, as seen by the dip in discussions on top crypto-focused social groups. This could impact the participation of retail investors, many of whom are drawn to cryptos due to social hype. #EthenaENA
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