Dogecoin

Memetic / PepeCoin

Shiba Inu

Bonk

dogwifhat

Meme coins like SHIB, PEPE, DOGE, and WIF saw big increases. However, there might be profit-taking, which could push SHIB down to $0.000018 and PEPE below $0.0000040. The AO indicated that DOGE could decrease, but WIF might stay above $1.<h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Binance-labs.png?fit&#61;850%2C480&amp;ssl&#61;1" />In recent days, meme coin prices have skyrocketed, with Shiba Inu (SHIB), Pepe (PEPE), Dogecoin (DOGE), and dogwifhat (WIF) all experiencing remarkable gains. <a href="https://cryptosheadlines.com/shib-weekly-burn-spikes-on-shiba-inu-network-milestone/" rel="noopener noreferrer nofollow">SHIB rose by 126.12% in the last week</a>, while DOGE saw a 64.23% increase. PEPE performed even better with a 204.18% jump, according to CoinMarketCap. Lastly, WIF surged by 422.67%, making it the top-performing meme coin.<h3 id="strong-shib-vs-pepe-meme-coin-price-analysis-strong">SHIB vs. PEPE: Meme Coin Price Analysis</h3>We looked at how the prices of SHIB/USD and PEPE/USD changed every 4 hours. Our study showed that both <a href="https://cryptosheadlines.com/cardano-founder-acknowledges-new-meme-coins-rise/" rel="noopener noreferrer nofollow">meme coins</a> had a similar pattern. Interestingly, both PEPE and <a href="https://cryptosheadlines.com/4-5-trillion-shib-moved-impact-on-investors/" rel="noopener noreferrer nofollow">SHIB started moving</a> out of a period of holding steady around the same time, although there was a small difference between them.PEPE achieved this breakout on February 25, while <a href="https://cryptosheadlines.com/is-shiba-inu-shib-experiencing-a-massive-sell-off-425-billion-tokens-transferred-on-coinbase/" rel="noopener noreferrer nofollow">SHIB experienced</a> it three days later. Additionally, the Supertrend indicator signaled a buy for SHIB, suggesting bullish potential in its price.However, SHIB’s price action appeared to be retracing due to overbought conditions indicated by the Relative Strength Index (RSI). A similar situation was observed with PEPE, leading to a drop in its price.For now, <a href="https://cryptosheadlines.com/shytoshi-kusama-rallies-shib-influencers-for-unity-push/" rel="noopener noreferrer nofollow">SHIB’s rally</a> might slow down, with a bearish perspective indicating a possible drop to $0.000018 as traders may take profits in the coming days. PEPE faces a similar fate, with <a href="https://cryptosheadlines.com/shibs-past-performance-indicates-potential-double-digit-growth/" rel="noopener noreferrer nofollow">indications suggesting a potential</a> fall below $0.0000040.<h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Binance-labs.png?fit&#61;850%2C480&amp;ssl&#61;1" /><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/03/cryptosheadlines005-1.png?resize&#61;640%2C420&amp;ssl&#61;1" />SHIB/USD Against PEPE/USD (Source: <a href="https://www.tradingview.com/x/5iII070O/" rel="noopener noreferrer nofollow">TradingView</a>)<a href="https://cryptosheadlines.com/gemini-full-crypto-asset-recovery-for-earn-users-post-genesis-settlement/" rel="noopener noreferrer nofollow">Also Read: Gemini: Full Crypto Asset Recovery for Earn Users Post Genesis Settlement</a>Nevertheless, a <a href="https://cryptosheadlines.com/altcoin-frenzy-bnb-ada-link-prices-shine-in-bullish-trends/" rel="noopener noreferrer nofollow">bullish scenario could see prices trend</a> much higher. In a highly bullish case, SHIB could rise to $0.000030, while PEPE might <a href="https://cryptosheadlines.com/cardanos-ada-price-rally-towards-1-amid-recent-developments/" rel="noopener noreferrer nofollow">rally toward</a> $0.000060.<h3 id="strong-doge-vs-wif-meme-coin-price-analysis-strong">DOGE vs. WIF: Meme Coin Price Analysis</h3>At press time, the price of DOGE slipped from $0.15 to $0.13, while WIF’s price also experienced a drop from $1.70. Unlike SHIB and PEPE, the <a href="https://cryptosheadlines.com/hedera-hbar-demand-rises-amid-bullish-price-action/" rel="noopener noreferrer nofollow">price action</a> of DOGE and WIF differed.WIF’s impressive surge showed that buyers had been in charge for a while, keeping sellers away. However, even though Dogecoin buyers were strong, there was still a chance of sellers causing trouble. By using the Fibonacci retracement indicator, it was noticed that DOGE’s price might decrease. For instance, the 0.382 Fib level was about $0.12, indicating a potential 7.69% drop for the meme coin.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/03/cryptosheadlines006-2.png?resize&#61;640%2C420&amp;ssl&#61;1" />DOGE/USD Against WIF/USD (Source: <a href="https://www.tradingview.com/x/2jnMQrAU/" rel="noopener noreferrer nofollow">TradingView</a>)This potential decline was also evident in the Awesome Oscillator (AO), with red bars indicating a potential downward momentum. If this <a href="https://cryptosheadlines.com/dogecoins-price-declines-despite-increasing-holder-base/" rel="noopener noreferrer nofollow">decline affects Dogecoin’s price</a>, WIF might also be impacted. Nonetheless, it was unlikely for WIF to drop below $1 in the short term.Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Meme Coin Showdown: SHIB vs PEPE and DOGE vs WIF

Table of Contents

CryptosHeadlines.com

Other articles published on Mar 3, 2024

Polkadot (DOT) Is Now ‘Basically Open Air’ With No Near Term Resistance as ‘Epic Pump’ Begins, To...

US Dollar’s True Nemesis: Fiscal Irresponsibility, Not Bitcoin, Warns Top Economist

Bitcoin Price Rebounds While Altcoins Fluctuate

Crucial Week Ahead for Bitcoin and Cryptocurrency Markets

Rush to Raffle Presale: Raffle Coin (RAFF) Unveils Decentralized Raffle Marketplace, Surges with ...

Baldur’s Gate 3 Players Embrace the Unconventional with the “Salami” Club

Join our free newsletter for daily crypto updates!