In 2025, can Shiba Inu ($Shib) and Pepe ($Pepe) reach 1 dollar?
Shiba Inu ($Shib) and Pepe ($Pepe) are now the two major meme coins in the cryptocurrency world, with a combined market cap of nearly 30 billion dollars.
The trading price of Pepe has soared to 0.000022 dollars, increasing more than 3700 times from its lowest point in 2023, truly a legendary comeback! Shiba Inu is also not to be outdone, skyrocketing from its lows with an astonishing increase of over 17000 times, and its market cap now exceeds 18 billion dollars. This wave of the cryptocurrency bull market continues to ferment, and these two meme coins have boundless prospects.
Currently, the altcoin season index is as high as 83, and the fear and greed index has skyrocketed to 85, reflecting a bullish market sentiment. Everyone is speculating whether these two coins can reach 1 dollar in 2025. However, for Shiba Inu to reach 1 dollar, the price would need to increase by 3.2 million times! While miracles are not uncommon in the crypto world, it’s still necessary to remain calm in the short term.
However, from a technical perspective, Shiba Inu still has room for growth in the coming months. It has encountered some resistance at the 38.2% Fibonacci retracement level, but it is also a reversal point of the Murrey Math lines, suggesting that there may be an opportunity in the future to challenge 0.0000357 dollars. Looking at the overall trend, Shiba Inu's movement resembles a cup with a handle, continuously moving upward. Therefore, breaking through this year's high of 0.000045 dollars and approaching 0.00005486 dollars is not impossible after consolidation.
As for Pepe, to reach 1 dollar, it also needs to increase by over 4 million times, but the short-term trend looks promising, and the future is full of expectations! #PEPE创历史新高 #山寨季怎么布局? #SHIBA🚀
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