PEPE vs. SHIB: Which Memecoin Could Recover Faster?

PEPE 与 SHIB：哪种 Memecoin 可以更快恢复？

After a recent market downturn, the global crypto market is attempting to regain its footing. Memecoins like Shiba Inu (SHIB) and Pepe (PEPE) have been on investors' radars as potential recovery plays. Both coins have experienced price fluctuations in recent months, begging the question: which crypto has the potential to rebound faster, PEPE or SHIB?

在最近的市场低迷之后，全球加密货币市场正试图重新站稳脚跟。随着潜在的复苏，柴犬（SHIB）和佩佩（PEPE）等模因币一直受到投资者的关注。近几个月来，这两种加密货币都经历了价格波动，引发了一个问题：PEPE 和 SHIB 哪个加密货币有潜力更快反弹？

Current Market Performance

目前的市场表现

Over the past week and month, PEPE has exhibited a bearish trend, with price declines of 4.98% and 4%, respectively. However, today it has experienced a slight recovery, rising 3.08% to reach $0.00001172. This performance has boosted its market cap to $4.93 billion, placing it at #23 according to CoinMarketCap. However, Pepe's trading activity has decreased by 17% to reach $740.74 million in the past 24 hours. The coin currently trades 31.36% below its all-time high of $0.00001718, which was reached on May 27, 2024.

过去一周和一个月，PEPE呈现看跌趋势，价格跌幅分别为4.98%和4%。然而，今天略有回升，上涨 3.08%，达到 0.00001172 美元。这一表现使其市值增至 49.3 亿美元，根据 CoinMarketCap 排名第 23 位。然而，过去 24 小时内佩佩的交易活动减少了 17%，达到 7.4074 亿美元。该代币目前的交易价格比 2024 年 5 月 27 日创下的历史高点 0.00001718 美元低 31.36%。

Similarly, SHIB has faced challenges in the past week and month, with losses of 13.91% and 23.06%, respectively. Despite this, it remains the 12th largest cryptocurrency by market cap, with a value of $10.86 billion. Currently trading at $0.00001843, SHIB has seen its trading volume decline by 26% to reach $289.16 million in the past 24 hours. While SHIB reached its all-time high of $0.00008845 on October 28, 2021, it has since retraced by 79.14%.

同样，SHIB在过去一周和一个月也面临挑战，分别下跌13.91%和23.06%。尽管如此，它仍然是市值第 12 大的加密货币，价值 108.6 亿美元。 SHIB 目前的交易价格为 0.00001843 美元，过去 24 小时内其交易量下降了 26%，达到 2.8916 亿美元。虽然 SHIB 于 2021 年 10 月 28 日创下历史新高 0.00008845 美元，但此后已回撤 79.14%。

Technical Analysis

技术分析

PEPE's short-term exponential moving averages (EMAs) indicate a downward trend, with values below the current price. However, the extended EMAs suggest the possibility of a recovery, with values higher than the current price, signaling potential buying opportunities. The MACD level for PEPE is currently bearish, as the MACD line is below the signal line, indicating downward momentum.

PEPE 的短期指数移动平均线 (EMA) 表明呈下降趋势，其值低于当前价格。然而，延长的均线表明有复苏的可能性，其价格高于当前价格，预示着潜在的买入机会。 PEPE 的 MACD 水平目前看跌，因为 MACD 线位于信号线下方，表明下行势头。