PEPE vs SHIB: Who will be the first to break $1 and ignite a frenzy in the crypto world?

SHIB

Many fans, strong market sentiment: SHIB has previously stirred waves in the crypto space, especially with the launch of its ShibaSwap exchange and the developing Shiba Inu metaverse, which have fueled its strong growth momentum. Excess supply: However, there is a major issue here — the supply of SHIB is too large. Currently, the total supply of SHIB has exceeded five hundred trillion coins.

For SHIB to break $1, the market capitalization increase would be astronomical. At the current price, SHIB's market cap needs to double, which requires comprehensive cooperation from the entire market and a strong market enthusiasm.

For SHIB to break $1, it not only needs more demand but also needs to stabilize its market performance by reducing supply (for example, burning a portion of the coins). If these factors cannot be effectively adjusted, the $1 target may become unattainable.

PEPE

Possible short-term explosion: As a meme coin, PEPE often rises rapidly under social media hype, especially driven by the enthusiasm of the crypto community, where prices can soar instantly. Oversupply: Like SHIB, PEPE's supply is also in a state of oversupply.

This means that for PEPE to break $1, a lot of investor support and demand growth are also necessary. Weaker infrastructure: Compared to SHIB, PEPE's infrastructure is relatively weak and lacks the extensive ecosystem and future development plans of SHIB. This presents significant challenges for PEPE's long-term development.

Market heat and social media effects: For PEPE to break $1, it must rely on social media promotion. If it can continuously attract the attention of investors and the community, PEPE still has the potential for explosive growth in the short term.

Explosive demand: If market marketing strategies can be employed to reduce supply and increase demand, PEPE's price will naturally rise. However, whether this can be sustained still depends on market enthusiasm.

#PEPE sets a new historical high #SHIBA🚀