SRIKANTH RAJAGOPAL

$PEPE



Hey Binance Square Fam! 👋 Let’s talk about everyone's favorite froggy memecoin, PEPE! 🐸 It's been a wild ride, and today, we saw PEPE take a significant dip, dropping by 10%. Is this just a blip, or is the frog meta losing its hop? Let’s dive into the details! 🔍
What's Causing the Dip? 📉
First off, the entire crypto market felt a jolt today with the release of the US Personal Consumption Expenditures (PCE) inflation numbers. While headline inflation remained steady, core inflation ticked up, causing some market jitters. Bitcoin dipped below $85,000, and Ethereum dropped 7% to under $1,900. This broader market downturn definitely played a role in PEPE’s decline. 📉
Technical Analysis of PEPE 📊
Looking at the chart, PEPE is currently trading in a bearish trend pattern. It’s approaching the 65% Fibonacci retracement level, which is acting as a crucial support point. If selling pressure continues and this support breaks, we could see further downside. However, the RSI at 45 suggests that PEPE might be entering a period of consolidation, potentially forming a liquidity pick region before any significant price movement. 📈📉
Key Technical Levels to Watch 👀
* Support Point: $0.00000676 (65% Fibonacci Retracement)
* 1 Month Low: $0.00000521
* Pivot Point: $0.00001024
* 1 Month High: $0.00000968
PEPE Price Live Data 🐸💰
As of now, PEPE is trading around $0.000008 USD. It has a 24-hour trading volume of $519,642,130 USD and is down 8.84% in the last 24 hours. PEPE holds the #31 spot on CoinMarketCap, with a market cap of $3,265,213,245 USD. The circulating supply is 420,689,899,653,544 PEPE, and the max supply is 420,690,000,000,000 PEPE. That's a lot of frogs! 🐸🐸🐸
Is the Frog Meta Dead? 💀 Or Just Taking a Nap? 😴
The big question is, where does PEPE go from here? Is this the end of the frog meta, or is PEPE just taking a breather before another leap? Memecoins are known for their volatility, and PEPE is no exception. While the recent dip is concerning, it doesn't necessarily spell doom. The crypto market is unpredictable, and sentiment can change quickly. 🚀
What Should You Do? 🤔
* DYOR (Do Your Own Research): Always stay informed and make your own decisions. Don’t rely solely on hype or fear. 📚
* Manage Risk: Memecoins are highly speculative. Only invest what you can afford to lose. ⚠️
* Watch the Chart: Keep an eye on those key support and resistance levels. Technical analysis can provide valuable insights. 📈
* Stay Updated: Follow market news and trends to stay ahead of the game. 📰
Let's Chat! 💬
What are your thoughts on PEPE? Do you think it will bounce back, or is this the start of a longer decline? Share your predictions and insights in the comments below! 👇
Remember to:
* Like 👍 if you found this analysis helpful.
* Share 📢 with your fellow Binance Square members.
* Follow ➕ for more crypto insights and updates!
Let’s navigate the crypto world together! 🌐

Shiba Inu (SHIB) enthusiasts have witnessed an extraordinary event within the crypto space: over 1 billion SHIB tokens burned in just one hour. This significant burn marks a remarkable moment for the meme coin community, raising questions about its implications and future.
1.2 Billion SHIB Burned in 24 Hours
According to data sources tracking SHIB transactions, the burn rate of Shiba Inu tokens surged by a staggering 2,050% within the past day. A total of 1,282,587,181 SHIB tokens were permanently removed from circulation, transferred to "dead" wallets that render them unspendable.
Out of this total, a single, anonymous wallet took the lead, burning a massive 1,003,266,585 SHIB in one transaction. Other noteworthy transactions followed, with amounts of 209,312,491, 33,737,678, and 29,282,316 SHIB sent to similar unspendable wallets. In total, there were 14 transactions contributing to this dramatic burn event.
Shytoshi Kusama’s Vision: SHIB in the Top 5
Shytoshi Kusama, the enigmatic lead developer of Shiba Inu, has recently doubled down on his ambitious vision for SHIB. In a tweet, he expressed his aspiration to propel Shiba Inu into the top 5 cryptocurrencies by market capitalization, a significant leap from its current position in the top 15.
Using a striking metaphor, Kusama shared an image depicting chaos and challenges, comparing it to his efforts to bring real utility to SHIB and elevate it from a mere meme coin to a powerhouse in the crypto space. “In less than 5 years... without a huge budget,” Kusama remarked, emphasizing the uphill battle faced by the Shiba Inu ecosystem.
In response to a follower’s comment, Kusama confirmed his commitment to this goal, stating that his aspirations are indeed centered on SHIB’s rise. Currently, Shiba Inu ranks 14th on CoinMarketCap, with a market capitalization of approximately $15.26 billion. The coin is trading at $0.00002589, maintaining its place as one of the largest meme coins, second only to Dogecoin.
What Does This Mean for SHIB?
The recent burn and Kusama’s ambitious plans could signal a renewed push for Shiba Inu’s growth and adoption. Token burns reduce the circulating supply of SHIB, potentially increasing its value over time by creating scarcity. Combined with Kusama’s goal of adding real utility to the token, SHIB could see enhanced credibility and investor confidence.
However, achieving such goals will require more than burns and ambition. It will demand robust development, partnerships, and use cases that extend beyond SHIB’s current meme-driven narrative.
Closing Thoughts
The Shiba Inu community has always thrived on passion and commitment, and this recent burn event showcases the dedication of its supporters. With Kusama’s vision of transforming SHIB into a top 5 cryptocurrency and ongoing efforts to integrate utility into the ecosystem, Shiba Inu’s journey remains one of the most compelling in the crypto space.
Whether or not SHIB achieves these lofty goals, one thing is clear: the Shiba Inu community is not backing down, and its story is far from over.
#cryptosolutions $SHIB

Shiba Inu (SHIB) enthusiasts have witnessed an extraordinary event within the crypto space: over 1 billion SHIB tokens burned in just one hour. This significant burn marks a remarkable moment for the meme coin community, raising questions about its implications and future.
1.2 Billion SHIB Burned in 24 Hours
According to data sources tracking SHIB transactions, the burn rate of Shiba Inu tokens surged by a staggering 2,050% within the past day. A total of 1,282,587,181 SHIB tokens were permanently removed from circulation, transferred to "dead" wallets that render them unspendable.
Out of this total, a single, anonymous wallet took the lead, burning a massive 1,003,266,585 SHIB in one transaction. Other noteworthy transactions followed, with amounts of 209,312,491, 33,737,678, and 29,282,316 SHIB sent to similar unspendable wallets. In total, there were 14 transactions contributing to this dramatic burn event.
Shytoshi Kusama’s Vision: SHIB in the Top 5
Shytoshi Kusama, the enigmatic lead developer of Shiba Inu, has recently doubled down on his ambitious vision for SHIB. In a tweet, he expressed his aspiration to propel Shiba Inu into the top 5 cryptocurrencies by market capitalization, a significant leap from its current position in the top 15.
Using a striking metaphor, Kusama shared an image depicting chaos and challenges, comparing it to his efforts to bring real utility to SHIB and elevate it from a mere meme coin to a powerhouse in the crypto space. “In less than 5 years... without a huge budget,” Kusama remarked, emphasizing the uphill battle faced by the Shiba Inu ecosystem.
In response to a follower’s comment, Kusama confirmed his commitment to this goal, stating that his aspirations are indeed centered on SHIB’s rise. Currently, Shiba Inu ranks 14th on CoinMarketCap, with a market capitalization of approximately $15.26 billion. The coin is trading at $0.00002589, maintaining its place as one of the largest meme coins, second only to Dogecoin.
What Does This Mean for SHIB?
The recent burn and Kusama’s ambitious plans could signal a renewed push for Shiba Inu’s growth and adoption. Token burns reduce the circulating supply of SHIB, potentially increasing its value over time by creating scarcity. Combined with Kusama’s goal of adding real utility to the token, SHIB could see enhanced credibility and investor confidence.
However, achieving such goals will require more than burns and ambition. It will demand robust development, partnerships, and use cases that extend beyond SHIB’s current meme-driven narrative.
Closing Thoughts
The Shiba Inu community has always thrived on passion and commitment, and this recent burn event showcases the dedication of its supporters. With Kusama’s vision of transforming SHIB into a top 5 cryptocurrency and ongoing efforts to integrate utility into the ecosystem, Shiba Inu’s journey remains one of the most compelling in the crypto space.
Whether or not SHIB achieves these lofty goals, one thing is clear: the Shiba Inu community is not backing down, and its story is far from over.
#cryptosolutions $SHIB