Crypto Market Crash Impacts Memecoins SHIB and PEPE
The recent market downturn has significantly impacted memecoins like SHIB (Shiba Inu) and PEPE. SHIB's price has declined in both weekly and monthly timeframes. However, analyst Crypto Sheriff predicts a potential price increase to $0.000045 in the near future.
Similarly, PEPE's value has also dropped across weekly, bi-weekly, and monthly charts. Nevertheless, analyst Eljaboom anticipates a new peak soon.
Experts Identify Potential Successor to SHIB and PEPE
Market experts, including Mr. Brown, have identified a promising new memecoin called Angry Pepe Fork. This project exhibits similarities to SHIB and PEPE in terms of price patterns and profitability potential.
Shiba Inu (SHIB): Bullish Prediction from Top Analyst
SHIB, a prominent Ethereum-based memecoin, has experienced a downward trend in recent weeks. Despite a brief market rally, SHIB's price has declined significantly. Crypto Sheriff, a market expert, suggests that the accumulation phase for SHIB is nearing an end and predicts a surge to $0.000045 in the upcoming trading sessions.
Pepe (PEPE): Analysts Anticipate Future Peak
Similar to SHIB, PEPE's price has been trading in the red zone. Despite the bearish market sentiment, analysts like VegetaCrypto1 and Eljaboom remain optimistic about its future value. Eljaboom forecasts that PEPE could reach a new all-time high of $0.000026, while VegetaCrypto1 predicts a more significant increase to $0.000037.
Angry Pepe Fork: A Potential Market Dominator
Angry Pepe Fork is an emerging project gaining traction in the market due to its unique features that distinguish it from other memecoins.
- Conquer to Earn Mechanism: Community members can collectively stake their coins to conquer zombie meme coins, resulting in increased APY for every conquest.
- Flexible Staking Options: Members can lock their APORK coins for 30, 60, or 90 days, depending on their risk appetite.
- Community Engagement Rewards: Active participation in the community earns additional rewards.
- Limited Token Supply: Only 1.9 billion tokens are available, potentially increasing scarcity and value in the long term.
Analysts anticipate a 200% price increase during the presale and a 100x surge after exchange listing.
Conclusion
Ethereum-based memecoins continue to navigate the challenges of a bear market. However, analysts and experts remain cautiously optimistic about the potential for SHIB, PEPE, and the emerging Angry Pepe Fork project.