PEPE or SHIB, which one will rise to $1 first?
Now, PEPE and SHIB (that is, Shiba Inu coin) are still very cheap, far less than $1. It is really hard to guess which one will rise to $1 first. It depends on the market, the mood of investors, and the direction of the entire cryptocurrency market.
We have to think about these aspects:
• Shiba Inu coin (SHIB):
• Compared with PEPE, SHIB has a large community and a solid foundation. It has risen a lot in the past, and there are also big plans such as ShibaSwap exchange and Shiba Inu metaverse.
• But then again, the total amount of SHIB is too large (more than 50 trillion). If it wants to rise to $1 and the market value is worth trillions, then people all over the world have to love it, and the market has to change drastically.
• Pepecoin (PEPE):
• PEPE is newer than SHIB and has a shallower foundation, but as a meme coin, sometimes the price will rise sharply after being hyped on social media.
• PEPE is also in oversupply. If it wants to rise to $1, many people have to rush to buy it, and investors have to be interested.
In summary:
To rise to $1, all coins must have a huge increase in demand, a huge reduction in supply (such as destroying some), and more people have to use it. SHIB has a large community and a lot of infrastructure, but these two coins have to become popular in their own ecosystems, which is a big risk.
To put it bluntly, it will not be a matter of one day or one night for PEPE and SHIB to rise to $1. Even if they rise, they have to do it step by step. Don't think about getting rich overnight.
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