Memeย Coin Coin SHEPE Surges in Value on Uniswap Debut
The Memeย Coin coin SHEPE made its debut on Uniswap on August 29th and has experienced a remarkable surge in value, increasing by over 1,000% since its initial listing. Althoughย while SHEPE/WETH has a high DEXTools score of 98/99, indicating its reliability, it is not available on major centralized exchanges and has lower volumeย ofย trading compared to other digitalย currencies. As SHEPE gains popularity, investors are closely monitoring its growth and itsย probability impact on the cryptocurrency market. Nonetheless, due to the unpredictable nature of digitalย currencies, thereย is uncertainty about whether SHEPE, aย mix of Shibaย Inuย (SHIB) and Pepe Coin, will continue to increase in value over time. Recently, SHEPEโs price dropped by 66% as sellers pushed the price down, demonstrating their determination to sell. Nevertheless, the volumeย ofย trading of SHEPE increased by 50% to $5.83 million.
Chart Analysis: SHEPEโs Selling Activity and Positive Indicators
Looking at the 2-hour chart, numerous red candlesticks indicate a highย degree of selling activity. Nonetheless, there are positive signs as well. SHEPE is asย ofย now over the lower Bollinger band, suggesting a probable upward movement if more people start buying. The RSI is around 35 and moving towards the oversold zone, indicating increased buying interest. Inย addition, the MACD shows a decrease in selling pressure, with fewer red bars, signaling growing buyer interest.
Promising Alternative to Shiba v Pepe
Introducing ($BTCBSC), a new staking project with attractive rewards. Motivatedย by the early days of Bitcoinย (BTC) in 2011, you can join now as an early investor. Bitcoinย (BTC) BSC is built on Binanceโs Smart Chain, allowing you to earn passive income through staking. BEP-20 tokens used in Bitcoinย (BTC) BSC offer lower transaction fees through proof-of-stake. By staking your BTCBSC tokens, you can earn bonus from the stake pool, which asย ofย now pays 0.25 BTCBSC per block. Holding onto your tokens for a longer period mayย be a wise decision as Bitcoinย (BTC) BSC is expected to last up to 120 years.
Strong Beginning: BTCBSC Presale Gains Momentum
The Bitcoinย (BTC) BSC presale commenced on September 5 and quickly gained attention, raising nearly $230,000 within 3 days. The total number of Bitcoinย (BTC) BSC tokens is , with 4 Million tokens available during the presale. Anย extra 2.125 Million tokens are in reserve if the presale goes well, totaling $6.125 Million. During the presale, 29% of the tokens will be distributed, while the remaining 69% will be gradually distributed over 120 years for staking. The project has likewise allocated 420,000 tokens (2%) for decentralized exchanges. To acquire BTCBSC tokens, you can visit the projectโs whitepaper or join their Telegram group and use BNB, USDT, or Ethereumย (ETH) on the Bitcoinย (BTC) to purchase tokens.
Hot Take:
SHEPEโs impressive surge in value following its debut on Uniswap outlines theย capacity for Memeย Coin coins to generate wholeย lotย of returns. Nonetheless, the inherent volatility and unpredictability of digitalย currencies mean that caution should be exercised when investing in such tokens. Althoughย while SHEPEโs recent price fall may cause concern, the increased volumeย ofย trading indicates ongoing interest and probable for recovery. As for Bitcoinย (BTC) BSC, its promising bonus and long-term viability make it an attractive option for passive income through staking. The successful presale of BTCBSC demonstrates its appeal between investors, and the projectโs allocation of tokens ensures gradual distribution and longevity. Overall, both SHEPE and Bitcoinย (BTC) BSC present unique opportunities but require careful analysis and consideration before investment.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.
