The post Pepe to Flip Shiba Inu After Hitting New All-Time High? appeared first on Coinpedia Fintech News
After Pepe hit an all-time high (ATH) on Sunday, it now stands at just $7.2 billion from overtaking Shiba Inu.
Will we see a new a flipping this year?
Pepe Takes ATH, Shiba Inu Flatlines
Pepe coin has shown considerable strength over the past 48 hours, rallying while many other meme coins struggle.
It’s currently trading at $0.00002625, up 23% this week after creating a new ATH on Sunday. It reached a high of $0.00002748, just 4% higher than its current price.
Pepe is also up significantly this month, with a whopping 150% gain.
Its market cap is $11 billion, which is just $7.2 billion less than Shiba Inu’s.
Shiba Inu is up 67% this month but has started to slow today with a 5% selloff, while Pepe continues to surge.
Meanwhile, Pepe’s trading volume trumps Shiba Inu’s. $6.38 billion worth of Pepe tokens have changed hands over the past 24 hours, compared to $1.2 billion of Shiba Inu tokens.
This shows that the market’s attention is very much set on Pepe right now, laying the way for further growth in the weeks ahead.
As such, analyst Res suggests Pepe will flip Shiba Inu on its next leg up.
But how far can Pepe go?
Pepe Trader Predicts 3-10X Move Ahead
Well-known Pepe trader Plazma says the frog-themed meme coin could give between 3-10x gains from here, suggesting that the recent breakout marks the beginning of a higher time-frame rally rather than the end of the uptrend we’ve seen thus far.
Other analysts share this sentiment. Analyst Whale suggests Pepe’s ATH will spark another short-term rally toward $0.000031.
Pepe looks strong on both a lower and higher time frame. The total crypto market cap is down today, yet investors continue to buy Pepe. Indeed, that’s a good sign for its future.
But at the same time, investors are positioning in a Pepe alternative that could outperform in the months ahead. It’s called Wall Street Pepe, and it’s currently undergoing a presale.
Wall Street Pepe Raises $3M in 5 Days, Analyst Says it “Will Make Millionaires”
Like Pepe, the new meme coin Wall Street Pepe is blistering hot right now. The project launched via a token presale five days ago and has already raised $3 million.
Wall Street Pepe mixes Pepe coin’s iconic demeanour with Jordan Belfort’s electrifying buzz, aiming to create an army of everyday traders who “choose rich.”
It’s not just a meme coin – it’s a community token where holders are equipped with institutional-grade tools to thrive in the market and generate big gains.
https://twitter.com/WEPEToken/status/1865790485551313373
For instance, the project will provide trading insights and signals, an insider trading group, staking rewards, and will even pay users for sharing their trading ideas.
It’s a brand new setup geared towards community success, so it’s no surprise traders are scrambling to get in early.
The presale offers investors the opportunity to participate in the project from the ground up, potentially like buying Pepe in April 2023 before its 46,400% gain.
As such, analysts anticipate big things for $WEPE. ClayBro says it will “make millionaires.”
In a recent deep-dive video, he underscored that investors will not only benefit from Wall Street Pepe’s price appreciation potential but also from the ecosystem utilities geared toward making money for holders. Pepe coin doesn’t have that.
The current Wall Street Pepe price is $0.000206, but this will rise throughout the ICO, with the next increase in three days.
Visit Wall Street Pepe Presale
