Pepe

Shiba Inu

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. 
Pepe aims to surpass Shiba Inu in 2024, with Pepe Unchained, a new contender, raising $1.5 million in presale. 
It’s been a massive year for Pepe while Shiba Inu has largely struggled, and now investors want to know if it can flip SHIB in 2024.&nbsp;Just a 2x price increase is required. Is this something we will see this year? 
 You might also like: <a href="https://crypto.news/pepe-rises-as-layer-2-token-pepe-unchained-emerges-as-new-contender/"> Pepe rises as Layer 2 token Pepe Unchained emerges as new contender </a> 
<h2 class="wp-block-heading" id="strong-traders-are-leaning-toward-the-frog-strong">Traders are leaning toward the Frog</h2> 
A memetic showdown is heating up in the Ethereum ecosystem, and Pepe and Shiba Inu are headlining. While both projects are deep into the green over the past year, the market has favored Pepe. 
The price chart below depicts the trajectory of Pepe (blue) and Shiba Inu (orange) over&nbsp;the last year. 
<figure class="wp-block-image size-full">
 <picture loading="lazy" decoding="async" class="wp-image-14282340"> 
 <source type="image/webp" srcset="https://crypto.news/app/uploads/2024/07/Picture2.png.webp"> 
 <img loading="lazy" decoding="async" width="624" height="324" src="https://crypto.news/app/uploads/2024/07/Picture2.png" alt="Pepe set to overtake Shiba Inu in the crypto market this year - 27"> 
 </picture> 
</figure> 
It’s a clear win for Pepe. Its price is up 650% in the past year, while Shiba Inu is up 125%. But does that tell the full tale, or does SHIB have a chance of catching up?&nbsp; 
There’s certainly a case for SHIB gaining an edge over Pepe this year.&nbsp;For instance, while Pepe is predominantly driven by hype and speculation, SHIB has real utility. 
Between its layer 2 blockchain, metaverse, NFTs, decentralized exchange, and staking, there are many innovations that could drive demand. 
On the other hand, Pepe is focused on “pure” memetics. Its infamous Pepe the Frog mascot has proven a fan favorite, drawing $4.9 billion of liquidity to the project. 
And analysts certainly favor Pepe, with Dolph highlighting that Pepe’s trading volume regularly overshadows that of Dogecoin and Shiba Inu. 
It’s also worth considering that Pepe has yet to be listed on Coinbase, while Shiba Inu has.&nbsp;Should Pepe secure a Coinbase listing, this could skyrocket its trading volume (and potentially price). 
Meanwhile, analyst Daze <a href="https://x.com/dazemaxi/status/1807635804795142406" target="_blank" rel="">suggests</a> that Pepe’s next leg up could enable it to flip SHIB. But that ultimately depends on whether the market favors Pepe’s memetics or Shiba Inu’s utility. 
This makes a tough call, but investors may be pleased to know that an alternative encapsulates the best of both worlds. 
It’s called Pepe Unchained, and it is the first Pepe-themed crypto to have its own blockchain. Let’s take a closer look. 
<h2 class="wp-block-heading" id="strong-pepe-unchained-raises-1-5m-in-presale-strong">Pepe Unchained raises $1.5m in presale </h2> 
<a href="https://pepeunchained.com/en?clickId=fx_b97815_eb5d4fa0ebdb87317e21c09cd17550f6_1" target="_blank" rel="">Pepe Unchained</a> is wasting no time in its market debut.&nbsp;It has raised over $1.5 million in its opening two weeks of presale, reflecting an insatiable interest from memecoin fans and value-seeking investors. 
With a Pepe-inspired mascot at its memetic heart, the project is also developing an Ethereum layer 2 blockchain. 
<figure class="wp-block-image size-full">
 <picture loading="lazy" decoding="async" class="wp-image-14282342"> 
 <source type="image/webp" srcset="https://crypto.news/app/uploads/2024/07/Picture3.png.webp"> 
 <img loading="lazy" decoding="async" width="624" height="351" src="https://crypto.news/app/uploads/2024/07/Picture3.png" alt="Pepe set to overtake Shiba Inu in the crypto market this year - 28"> 
 </picture> 
</figure> 
The blockchain will be 100x faster and far cheaper than the main Ethereum network. So it’s a no-brainer for meme coin fans. 
Also, Pepe Unchained is sweetening the deal with 2x the staking rewards. This is possible due to the network’s lower operational costs. 
Staking is live and offers a 1,100% APY. However, this will decrease as more tokens are staked. 
There’s been a huge buzz among industry analysts, with the 99Bitcoins YouTube channel urging its 700k audience to “not miss out on these gains.” 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"> <iframe title="Insane Rewards On PEPE Unchained Do Not Miss Out On These Gains!" width="1020" height="574" src="https://www.youtube.com/embed/jlAPt9amXU8?start=1&amp;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
 </div>
</figure> 
Pepe Unchained has hit the ground running with a compelling use case that intertwines utility and viral potential. The presale is ongoing and currently priced at $0.0081939.&nbsp; 
But the price will rise throughout the ICO, and the next uptick will occur in one day. As such, those seeking the most upside should act fast. 
To learn more, <a href="https://pepeunchained.com/en?clickId=fx_b97815_eb5d4fa0ebdb87317e21c09cd17550f6_1" target="_blank" rel="">visit the Pepe Unchained presale</a>. 
 Read more: <a href="https://crypto.news/book-of-meme-sees-gains-as-pepe-unchained-ico-raises-1-million/"> Book of Meme sees gains as Pepe Unchained ICO raises $1 million </a> 
 Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Pepe set to overtake Shiba Inu in the crypto market this year

目次

crypto.news

2024年7月1日公開の他の記事

KAS and Raboo Outperforms Solana, But Why Are Raboo’s Utilities Whipping Up A Frenzy?

Popular YouTuber Reveals What’s Coming for Ripple and XRP

Tether Enables USDT Payments for Philippines Social Security System

Shiba Inu Bulls Mount 4.2T SHIB Buy Orders for $0.000020 Rebound

Injective price to reach $100 and Render to hit $150: analyst

How WELL3 is transforming health and wellness with DePIN

ニュースレターを購読して暗号資産の最新情報を毎日入手！