Will Pepe Dethrone Dogecoin and Shiba Inu in 2024?! Market Dark Horse BLP Ready to Challenge Them All!

The crypto market is buzzing with speculation about a new contender aiming to outshine the likes of Dogecoin and Shiba Inu in 2024. As the bull run takes hold, BLP emerges and hints at redefining the hierarchy in meme coin popularity. This up-and-comer is capturing the attention of investors, but can it truly rival the established fan favorites? The forthcoming analysis dissects its potential to become a leading player in the frenzied crypto market.

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BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 15,000 active users.

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BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

BlastUP's roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem's capabilities.

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Pepe Crypto Surge Continues

Pepe (PEPE) is seeing strong growth with a current price range of $0.00000786 to $0.00000941, showing a bullish trend. The coin has soared by 810.52% over the past six months, indicating high interest and increasing value. In just one week, PEPE has jumped by 31.52%, and in the last month, it skyrocketed by 90.97%. With the RSI at 44.66 and a recent move below the short-term Simple Moving Average (10-days: $0.00001054), the coin is currently experiencing a slight corrective move as it has shown a retreat from the recent peaks. The immediate goal seems to be breaking the nearest resistance level at $0.00001007.

Dogecoin Price Stabilizes; What's Next for DOGE?

Dogecoin is moving sideways around $0.15, just below the first resistance at $0.18. It has stayed close to the 10-day and 100-day averages. Over the last week, Dogecoin gained 2.66%, but in the past month, it saw a slight dip of 4.87%. Looking at the past six months, Dogecoin had an impressive jump, nearly doubling in value. Indicators suggest Dogecoin is more bought than sold, with a high RSI and Stochastic values. The current price range is between $0.13 and $0.16. The MACD shows very little momentum in either direction. The nearest support sits at $0.12, with a stronger safety net at $0.09 if the price drops. If it climbs, the second resistance after $0.18 is at $0.21. Currently, Dogecoin seems to be in a corrective phase, consolidating recent gains rather than making strong impulsive moves.

Shiba Inu Price Moves Sideways as Interest Holds

Shiba Inu (SHIB) has been trading in a tight range around $0.00002. It's close to the resistance level at $0.00003. In the last week, the coin went up by 5.53% and by 6.55% in the past month. Over six months, it's seen a big jump of 185.51%. The indicators like RSI and Stochastic suggest that SHIB is neither overbought nor oversold, while the MACD indicates no clear momentum. The price is moving sideways, lacking strong impulsive or corrective waves at the moment.

Conclusion

While PEPE, DOGE, and SHIB have their dedicated followings and have made significant impacts in the past, the rise of the bull run in 2024 suggests that their potential for short-term growth is less impressive. BlastUP (BLP), on the other hand, stands out with more promise. This project not only boasts an innovative concept but also benefits from being part of the wider Blast ecosystem. It is this unique positioning and intrinsic value that positions BlastUP with the highest potential among its peers.

Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
Source: https://thebittimes.com/will-pepe-dethrone-dogecoin-and-shiba-inu-in-2024-market-dark-horse-blp-ready-to-challenge-them-all-tbt88523.html