Can SHIBA outrun Pepe in the Meme Duel: Shiba v Pepe (SHEPE)? Predicting a Powerful Rally

Can SHIBA outrun Pepe in the Meme Duel: Shiba v Pepe (SHEPE)? Predicting a Powerful Rally

Meme Coin Coin SHEPE Surges in Value on Uniswap Debut

The Meme 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. Although 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 volume of trading compared to other digital currencies. As SHEPE gains popularity, investors are closely monitoring its growth and its probability impact on the cryptocurrency market. Nonetheless, due to the unpredictable nature of digital currencies, there is uncertainty about whether SHEPE, a mix of Shiba Inu (SHIB) and Pepe Coin, will continue to increase in value over time. Recently, SHEPE’s price dropped by 66% as sellers pushed the price down, demonstrating their determination to sell. Nevertheless, the volume of trading of SHEPE increased by 50% to $5.83 million.

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Chart Analysis: SHEPE’s Selling Activity and Positive Indicators

Looking at the 2-hour chart, numerous red candlesticks indicate a high degree of selling activity. Nonetheless, there are positive signs as well. SHEPE is as of 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. In 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. Motivated by the early days of Bitcoin (BTC) in 2011, you can join now as an early investor. Bitcoin (BTC) BSC is built on Binance’s Smart Chain, allowing you to earn passive income through staking. BEP-20 tokens used in Bitcoin (BTC) BSC offer lower transaction fees through proof-of-stake. By staking your BTCBSC tokens, you can earn bonus from the stake pool, which as of now pays 0.25 BTCBSC per block. Holding onto your tokens for a longer period may be a wise decision as Bitcoin (BTC) BSC is expected to last up to 120 years.

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Strong Beginning: BTCBSC Presale Gains Momentum

The Bitcoin (BTC) BSC presale commenced on September 5 and quickly gained attention, raising nearly $230,000 within 3 days. The total number of Bitcoin (BTC) BSC tokens is , with 4 Million tokens available during the presale. An 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 project’s whitepaper or join their Telegram group and use BNB, USDT, or Ethereum (ETH) on the Bitcoin (BTC) to purchase tokens.

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Hot Take:

SHEPE’s impressive surge in value following its debut on Uniswap outlines the  capacity for Meme Coin coins to generate whole lot of returns. Nonetheless, the inherent volatility and unpredictability of digital currencies mean that caution should be exercised when investing in such tokens. Although while SHEPE’s recent price fall may cause concern, the increased volume of trading indicates ongoing interest and probable for recovery. As for Bitcoin (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 project’s allocation of tokens ensures gradual distribution and longevity. Overall, both SHEPE and Bitcoin (BTC) BSC present unique opportunities but require careful analysis and consideration before investment.

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Author – Contributor at | Website

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.

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