ShibaInuVsPepe Token Price Increase
Recently, Shiba Inu (SHIB) and Pepe (PEPE) tokens have seen significant price increases.✅
*Shiba Inu (SHIB) Price Movements:*
- The price of SHIB rose by 6% in the last 24 hours, trading at a weekly high of $0.000015.
- The accumulation of whales holding 530 trillion SHIB tokens has contributed to this increase, as whales have held 530 trillion SHIB tokens since January 2025.
- The SHIB burn rate has also increased, with over 13 million tokens burned in the last 24 hours, which could lead to a supply shortage and price increase.
- Analysts expect a potential 124% increase in the price of SHIB, targeting $0.00003, due to technical breakouts and increased momentum ¹ ².
*Pepe (PEPE) Price Movements:*
- Pepe has shown resilience, rising from $0.00001600 to around $0.00001844 recently.
- Whale activities have been significant, with one whale withdrawing 280 billion PEPE tokens worth about $5 million from Binance.
- Some experts believe that Pepe could see a 10x price increase during the cryptocurrency bull market in 2025, driven by whale activity and market confidence.
- The listing of Pepe on Binance Japan has enhanced its visibility and potential growth ³.
*Comparison and Market Sentiment:*
- Both SHIB and PEPE are part of the meme coin market, which has seen significant growth and interest.
- Trump's influence on the cryptocurrency market could also impact the price of SHIB, potentially driving it to new levels.
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