The growth of Pepe (PEPE) and Shiba Inu (SHIB) in December 2024 may be linked to several key factors
1. Meme culture and speculative demand
• Meme coins like PEPE and SHIB continue to attract attention due to community activity, especially in a rising cryptocurrency market.
2. Ecosystem development
• For SHIB, important factors will be the successes of the Shibarium project, the implementation of DeFi, and metaverses.
• PEPE may benefit from new integrations or major listings on exchanges.
3. Overall improvement of market conditions
• The potential bullish trend in the cryptocurrency market at the end of 2024 following Bitcoin's halving raises demand for meme tokens as speculative assets.
These factors make meme coins promising in the short term.