PEPE Coin ($PEPE )
📍 As of December 24, 2024, PEPE is valued at around $0.000020 per token, with a significant 24-hour trading volume of approximately $2.1 billion. The price has shown a 9% uptick compared to the previous session.
📍 Over the last day, the price rose by nearly 3%, but it’s important to note that PEPE has seen a 14% dip over the past week. The current market cap sits at roughly $8.4 billion, supported by a circulating supply of 421 trillion tokens.
📍 Recent trends indicate a 20% weekly decline, which aligns with Bitcoin’s rally above the $101,000 mark. This suggests capital may be rotating out of altcoins like PEPE into Bitcoin as it gains dominance.
Shiba Inu ($SHIB )
📍SHIB is currently priced at $0.00002412 as of December 24, 2024, with a strong 11% gain in the past 24 hours. Despite this recent surge, $SHIB has faced a 13% drop over the last seven days.
📍 Analysts are closely watching key levels, identifying $0.000021 as critical support. A break below this could lead to further declines, potentially to $0.000018. However, if SHIB holds above $0.000021, it could aim for $0.000029 or even $0.000033 during a breakout.
📍 Looking forward, some experts predict SHIB could achieve a new all-time high of $0.000235 by 2025, translating to an 18x increase from current levels. While this sounds exciting, the likelihood of $SHIB hitting $1 remains extremely low, given the massive supply and current market conditions.
Investor Insights
The cryptocurrency market is highly volatile, PEPE and both and SHIB are known for their price swings. Investors should keep a close eye on support and resistance zones for both tokens. While the short-term trends may provide trading opportunities, understanding the broader market sentiment is essential before making investment decisions.
Disclaimer: Cryptocurrency investments are subject to significant risk. Please conduct your own research and consider market dynamics before taking action.
