Shiba Inu Vs PEPE Coin: Most Profitable Memecoin To Buy In The Bull Run?

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Shiba Inu, the popular meme coin on Ethereum, made a significant move on February 27th by reducing the number of zeros in its token value. This has generated considerable excitement within the community.

In addition to this exciting development, Shiba Inu's SHEboshi has garnered significant attention, largely due to the involvement of Shytoshi Kusama, the mastermind behind the project.

After SHEboshi's initial launch, it experienced a period of limited availability, highlighting its popularity in the crypto space. Shytoshi Kusama recently announced a major listing for SHEboshi on CoinW, a reputable crypto exchange, further fueling the project's momentum.

Despite the listing taking place on February 23, Kusama's subsequent repost underscores the project's popularity and the community's unwavering support for SHIB tokenomics.

Furthermore, SHIB token has experienced notable gains, riding the wave of recent community achievements and a significant increase in burn rate. The project's growth trajectory is gaining significant traction.

CoinW announced that on February 23, they introduced the SHEB/USDT trading pair in their MEME & NFT trading zone at 13:00 UTC. Deposits and withdrawals were enabled the following day, February 24, at 6:00 UTC.

To incentivize participation, CoinW offered additional rewards for users depositing over 50 USDT worth of SHEB. They replaced random airdrops with a prize pool of 1,000 USDT worth of SHEB, distributed on a first-come, first-serve basis.

Additionally, users trading with a volume exceeding 100 USDT were eligible for a share of a 3,000 USDT equivalent prize pool in SHEB tokens, as per CoinW's announcement.

These initiatives aim to attract new users to the Shiba Inu ecosystem and bolster SHIB tokenomics, as previously mentioned. Shiba Inu has made significant strides lately, including collaborations with K9 Finance and discussions surrounding a potential SHIB ETF.

Meanwhile, Pepe, another popular meme coin, reached an all-time high of $0.000001438 six hours ago, experiencing some fluctuations throughout the day. Pepe appears to be making a resurgence after a year, and if this momentum continues, it could mark another significant milestone in the history of meme coins.

The crypto market is currently in a "greed zone" with a score of 75, indicating positive sentiment among major players. Bitcoin has surpassed $57,000, while Ethereum remains above $3200, providing optimism for investors.