š Can $PEPE Reach $0.0005 and Surpass Shiba Inu ($SHIB )? š
š” The Meme Coin Showdown! š”
Pepe Coin ($PEPE) is making waves in 2024, sparking debates about whether it can hit $0.0005 or even outshine Shiba Inu ($SHIB). Letās break it down:
š PEPEās Impressive Performance
š YTD Growth: +1,744% ā Far ahead of SHIBās 171% gain!
š Current Price: $0.000024
š Targeting $0.0005?
⢠Reality Check: To hit $0.0005, $PEPE needs a $100 billion market capāa level only top cryptos like Bitcoin & Ethereum enjoy.
⢠Analystsā Bull Run Predictions:
⢠Average Price: $0.00008675
⢠Forecast Range: $0.00004714 to $0.0001318
Bottom Line: $PEPEās community strength and speculative nature make it exciting, but $0.0005 remains a moonshot for now.
š„ Will PEPE Outperform SHIB?
⢠On December 9, pepe broke out of consolidation, peaking at $0.000028 before retracing.
⢠Market Cap Comparison:
⢠$PEPE: <$10 billion
⢠$SHIB: $19 billion
⢠Recent Growth:
⢠$PEPE: +135%
⢠$SHIB: +70%
š Potential: While pepe may not overtake in market cap soon, its growth rate and strong community support suggest it could outperform in percentage gains.
š Meme Coin Takeaway
pepe is proving itās more than just hype, with a chance to dominate the meme coin narrative this cycle. Will it moon? š Or will hold its throne? Only time (and the market) will tell!
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