PEPPER ($PEPE )
📍 As of December 24, 2024, PEPE is valued at approximately $0.000020 per token, with a significant 24-hour trading volume of approximately $2.1 billion.
The price showed a 9% increase from the previous session.
📍Over the past day, the price has increased by almost 3%, but it is important to note that PEPE has seen a 14% decrease over the past week.
The current market cap stands at around $8.4 billion, supported by a circulating supply of 421 trillion tokens.
📍 Recent trends point to a 20% weekly decline, which is consistent with Bitcoin’s rally above the $101,000 mark. This suggests that capital may be shifting away from altcoins like PEPE to Bitcoin as the latter gains dominance.
Shiba Inu ($SHIB )
📍 SHIB is currently valued at $0.00002412 as of December 24, 2024, with a strong gain of 11% in the last 24 hours.
Despite this recent surge, $SHIB has suffered a 13% decline over the past seven days.
📍 Analysts are closely monitoring key levels, identifying $0.000021 as critical support. A break below this level could lead to further declines, potentially as low as $0.000018.
However, if SHIB stays above $0.000021, it could target $0.000029 or even $0.000033 in a breakout.
📍 Looking ahead, some experts predict that SHIB could reach a new all-time high of $0.000235 by 2025, which represents an 18x increase from current levels.
While this sounds exciting, the likelihood of $SHIB reaching $1 remains extremely low given the massive supply and current market conditions.Investor InsightsThe cryptocurrency market is extremely volatile, with PEPE and SHIB being known for their price fluctuations.
Investors should keep a close eye on support and resistance areas for both tokens. While short-term trends can provide trading opportunities, understanding the overall market sentiment is essential before making investment decisions.
Warning ⚠️ :
Cryptocurrency investments are subject to significant risks.
Please do your own research and consider market dynamics before acting.