$PEPE or $SHIB , who will touch 1 dollar first?
Now let's take a look, PEPE and SHIB (that Shiba Inu coin), both are still 'penny stocks', far from 1 dollar. If we talk about who can touch 1 dollar first, this is uncertain and depends on the market trends, everyone's sentiments, and the overall situation of the crypto space.
We should think about it this way:
• Shiba Inu Coin ($SHIB ):
This guy has more people than PEPE and is somewhat more stable. It has been popular before and has made some big moves, like the ShibaSwap exchange and the Shiba Inu metaverse.
• However, it has issued too many coins (over 500 trillion), and to rise to 1 dollar, its market cap would need to skyrocket, and people worldwide would have to fall in love with it, along with a major change in the market.
• Pepe Coin (PepeCoin):
PEPE is a bit younger than SHIB and has a shallower foundation, but being a meme coin, sometimes it surges in price when it trends on social media.
• Like SHIB, PEPE also has a supply greater than demand, and it requires a lot of people to fight over it; investors need to be envious to push it to 1 dollar.
Ultimately, both coins need a surge in demand and a decrease in supply (for example, burning a portion) to be accepted by more people to reach 1 dollar. Although SHIB has a large number of supporters and infrastructure, both coins need to grow wildly in their own territory, which poses significant risks.
In summary, it’s challenging for PEPE and SHIB to reach 1 dollar; even if they rise, it will be a gradual process. Don't expect to get rich overnight.
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