Shiba Inu vs PEPE: Which ERC 20 Memecoin to Buy

Amid a tumultuous global crypto market downturn, the community is currently engaged in a prevalent discussion between Shiba Inu (SHIB) and Pepe Coin (PEPE). Although both digital currencies are affected by the volatile world of cryptocurrency, their market performances show different stories. Shiba Inu is dealing with recent challenges, experiencing a 3.48% decline in value in the last day, while PEPE demonstrates stability and small growth with a 1.96% rise during the same period. By examining the analyses of both currencies in the crypto market, we can determine which memecoin shows more potential to buy in the volatile crypto space.

Shiba Inu vs PEPE: Market Performance

When looking at Shiba Inu and Pepe, both digital currencies use different tactics and achieve different results while dealing with the unpredictable crypto world. Over the past day, the value of Shiba Inu decreased by a 3.48% decrease in value, with even bigger drops of 8.97% and 19.03% over the week and month, respectively. Despite facing challenges, SHIB shows a growth of 155.32% in value over the previous year, indicating its ability to withstand temporary volatility. Shiba Inu holds the 11th position in the cryptocurrency market with a market capitalization of $13.29 billion and a 24-hour trading volume of $354.44 million. The token still a significant competitor in the cryptocurrency market, with 589.29 trillion SHIB in circulation.

On the other hand, Pepe presents a contrasting narrative of stability and modest gains. Despite a relatively modest 1-day increase of 1.96%, Pepe has maintained positive momentum over both weekly and monthly intervals, recording gains of 0.91% and 22.62%, respectively.