PEPE vs SHIB: Who Will Be the First to Break $1 and Ignite a Frenzy in the Crypto World?

SHIB

Many fans, market sentiment is strong: SHIB has previously stirred up waves in the crypto space, especially with the launch of its ShibaSwap exchange and the developing Shiba Inu metaverse, which have fueled its strong growth momentum. Excessive supply: However, there is a significant issue here—the supply of SHIB is too high. Currently, SHIB's total supply has exceeded five hundred trillion coins.

For SHIB to break $1, the increase in market capitalization would be astronomical. At the current price, SHIB's market cap needs to double, which requires comprehensive cooperation from the entire market and a strong market enthusiasm.

For SHIB to break $1, it not only needs more demand but also needs to stabilize its market performance by reducing the supply (for example, by burning a portion of the coins). If these factors cannot be effectively regulated, the goal of $1 may become unattainable.

PEPE

Possible short-term explosion: As a meme coin, PEPE often experiences rapid increases under social media hype, especially driven by enthusiasm in the crypto community, where prices can spike instantly. Oversupply: Like SHIB, PEPE's supply is also in a state of oversupply.

This means that to allow PEPE to break $1, it also needs substantial investor support and growth in demand. Weaker infrastructure: Compared to SHIB, PEPE's infrastructure is relatively weak and lacks the extensive ecosystem and future development plans like SHIB has. This poses significant challenges to PEPE's long-term development.

Market heat and social media effects: For PEPE to break $1, it must rely on the push from social media. If it can continuously attract the attention of investors and communities, PEPE may still experience explosive growth in the short term.

Demand explosion: If marketing strategies can be employed to reduce supply and increase demand, PEPE's price will naturally rise. However, whether this can be sustained still depends on market enthusiasm.

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