🚀 Memes: PEPE and SHIB ignite the market!
Hey crypto enthusiasts!
It seems that PEPE and SHIB have decided to set the market ablaze this week, as they have seen notable increases that have caught the attention of both investors and followers.
🐸 $PEPE : The frog is back with a vengeance!
PEPE recorded a 53% increase over one week, making it the top-performing meme coin.
Its market value has doubled from $2.7 billion to $5.4 billion in just 30 days, reflecting increasing interest from investors.
Forecasts suggest the potential for an additional 60% rise, especially with increasing "whale" activity in the market.
🐶 $SHIB
# : The loyal dog does not disappoint!
SHIB saw an 18% increase over the past week, with trading volume rising by 81.69% in 24 hours, indicating heightened interest from investors.
The on-chain data shows an increase in "whale" activity, with inflows to large wallets rising by 2,952%, indicating a strong accumulation phase.
If this momentum continues, SHIB may be able to reclaim its previous levels, especially with ongoing community support.
📊 Does the rise continue?
While the market shows signs of recovery, it is important to remember that meme coins like PEPE and SHIB are often subject to significant volatility.
So, whether you're thinking of investing or trading, make sure to do your own research and manage risks appropriately.
💬 Share your thoughts:
Do you think PEPE and SHIB will continue this upward momentum? Or is a correction coming?