PEPE vs SHIB: Who Will Break Through $1 First and Ignite a Frenzy in the Crypto World?
Let's talk about these two little guys, PEPE and SHIB. They are still considered 'small change' and are far from the $1 mark. It's hard to say who can cross this hurdle first; it depends on the market's mood, people's enthusiasm, and the overall climate of the cryptocurrency space.
We should think about it this way:
• Shiba Inu Coin $SHIB :
This guy has a lot of fans and a relatively solid foundation. It has previously made quite a splash and even launched the ShibaSwap exchange and the Shiba Inu metaverse.
• However, it has issued way too many coins, over 500 trillion. To reach $1, its market cap would have to skyrocket, and the whole world would need to fall in love with it, along with a monumental shift in the market.
• PepeCoin:
$PEPE , compared to SHIB, is a younger player with a shallower foundation. But meme coins can sometimes skyrocket when they gain traction on social media.
• Like SHIB, PEPE also suffers from oversupply; a lot of people need to be clamoring for it, and investors need to be eager to push it up to the $1 high.
Ultimately, for these two little guys to touch $1, there must be a significant increase in demand and a substantial decrease in supply, such as burning a portion of the coins, and they need to be accepted by more people. While SHIB has a large following and more robust infrastructure, both little guys need to grow vigorously on their home turf, and the risks involved are not small.
In summary, for PEPE and SHIB to reach $1 is difficult. Even if they rise, it will be a step-by-step process; don't expect to fly up overnight and transform into a phoenix. We advise everyone not to be too greedy and to stay grounded.
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