Price Comparison of Memecoins: Pepe and Shiba Inu

Memecoin 的價格比較：Pepe 和 Shiba Inu

Two prominent memecoins, Pepe (PEPE) and Shiba Inu (SHIB), have exhibited similar price charts and metrics. However, there are subtle differences that indicate a shift in short-term momentum and accumulation patterns.

兩種著名的迷因幣，佩佩（PEPE）和柴犬（SHIB），都展示了類似的價格圖表和指標。然而，存在一些細微的差異，顯示短期動能和累積模式發生了轉變。

Price Analysis

價格分析

Both PEPE and SHIB have remained within narrow ranges for approximately ten days. PEPE's range extends from $0.0000099 to $0.0000076, currently supported by the mid-range level ($0.0000088). Resistance lies at the former support level ($0.000009-$0.0000096). PEPE's recent rejection from a key resistance indicates bearish sentiment.

PEPE 和 SHIB 都在大約十天內保持在窄幅區間內。 PEPE 的範圍從 0.0000099 美元延伸至 0.0000076 美元，目前受到中間水準（0.0000088 美元）的支撐。阻力位位於前支撐位（0.000009 美元-0.0000096 美元）。 PEPE 最近遭到關鍵阻力位的拒絕表示看跌情緒。

SHIB, on the other hand, has a more bullish short-term outlook. Its range spans $0.0000174 to $0.0000127, with a trading range high. Indicators such as the On Balance Volume (OBV) show a sideways trend, indicating a balance between buying and selling pressure. Additionally, the Relative Strength Index (RSI) is above neutral 50, indicating upward momentum.

另一方面，SHIB 的短期前景則更為樂觀。其波動範圍為 0.0000174 美元至 0.0000127 美元，交易區間處於高位。平衡成交量 (OBV) 等指標顯示橫盤趨勢，顯示買賣壓力平衡。此外，相對強弱指數 (RSI) 高於中性 50，表示上漲動能。

On-Chain Metrics

鏈上指標

Despite PEPE's overvalued Network Value to Transactions Ratio (NVT), its negative 30-day Market Value to Realized Value (MVRV) suggests undervalued. This signals that PEPE is overvalued compared to circulating value but undervalued in terms of short-term price action. On-chain metrics, such as declining daily active addresses and mean coin age, indicate a weakening distribution trend.

儘管 PEPE 的網路價值與交易比率 (NVT) 被高估，但其 30 天市場價值與已實現價值 (MVRV) 的負值表明其被低估。這顯示 PEPE 與流通價值相比被高估，但就短期價格走勢而言被低估。鏈上指標，例如每日活躍地址的下降和平均幣齡的下降，顯示分佈趨勢減弱。

SHIB's NVT remains lower than its peak in April, while its 30-day MVRV is approaching positive territory. Mean coin age has gradually increased, suggesting accumulation. Daily active addresses are higher for SHIB than for PEPE, providing a firmer basis for bullish expectations.

SHIB 的 NVT 仍低於 4 月的峰值，而 30 天 MVRV 正接近正值區域。硬幣的平均年齡逐漸增加，顯示累積。 SHIB 的每日活躍地址高於 PEPE，為看漲預期提供了更堅實的基礎。