๐ Can $PEPE Reach $0.0005 and Surpass Shiba Inu ($SHIB )? ๐
๐ก The Meme Coin Showdown! ๐ก
Pepe Coin ($PEPE) is making waves in 2024, sparking debates about whether it can hit $0.0005 or even outshine Shiba Inu ($SHIB). Letโs break it down:
๐ PEPEโs Impressive Performance
๐ YTD Growth: +1,744% โ Far ahead of SHIBโs 171% gain!
๐ Current Price: $0.000024
๐ Targeting $0.0005?
โข Reality Check: To hit $0.0005, $PEPE needs a $100 billion market capโa level only top cryptos like Bitcoin & Ethereum enjoy.
โข Analystsโ Bull Run Predictions:
โข Average Price: $0.00008675
โข Forecast Range: $0.00004714 to $0.0001318
Bottom Line: $PEPEโs community strength and speculative nature make it exciting, but $0.0005 remains a moonshot for now.
๐ฅ Will PEPE Outperform SHIB?
โข On December 9, pepe broke out of consolidation, peaking at $0.000028 before retracing.
โข Market Cap Comparison:
โข $PEPE: <$10 billion
โข $SHIB: $19 billion
โข Recent Growth:
โข $PEPE: +135%
โข $SHIB: +70%
๐ Potential: While pepe may not overtake in market cap soon, its growth rate and strong community support suggest it could outperform in percentage gains.
๐ Meme Coin Takeaway
pepe is proving itโs more than just hype, with a chance to dominate the meme coin narrative this cycle. Will it moon? ๐ Or will hold its throne? Only time (and the market) will tell!
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