Shiba Inu’s Shibarium Completes Its Hard Fork, Pepe Traders Flock To New Meme Coin Sensation
As meme coins continue to rise, the Shiba Inu (SHIB) Shibarium network completed its hard fork. On the other hand, traders from the Pepe (PEPE) community started looking at a new meme coin – KangaMoon (KANG). Many analysts hint that this Stage 5 presale star may evolve into the next 100x meme coin in 2024. Let’s see why.
Shiba Inu Price May Rise After Shibarium Hard Fork
Shiba Inu (SHIB) has recently been making waves in the meme coin space. Notably, the L2 solution for Shiba Inu, Shibarium announced it has completed its new hard fork. This hard fork will enable transactions that are “lightning quick” and gas fees that are “reliable.” According to the Shiba Inu team, this hard fork was necessary to tap into its hidden functionality.
This development may trigger a rally for this meme coin. Over the past year, the Shiba Inu price surged 130% while its market cap held at $13.40B. Additionally, over 16 technical indicators are flashing buy signals for the Shiba Inu coin. Because of this, experts have made a bullish Shiba Inu price prediction—$0.000035 before Q2 of 2024 ends.
Pepe Trading Volume Continues Rising
Meanwhile, Pepe (PEPE) is another meme coin showing bullish signs. Now ranked 9th among the top ten cryptocurrencies by trading volume, this meme coin has left XRP in its dust. Pepe’s trading volume increased over $1.4B while XRP’s sat at $1B