Price Comparison of Memecoins: Pepe and Shiba Inu

Memecoin 的价格比较：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.

两种著名的模因币，佩佩（PEPE）和柴犬（SHIB），都展示了类似的价格图表和指标。然而，存在一些细微的差异，表明短期动能和积累模式发生了转变。

Price Analysis

价格分析

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 都在大约十天内保持在窄幅区间内。 PEPE 的范围从 0.0000099 美元延伸至 0.0000076 美元，目前受到中间水平（0.0000088 美元）的支撑。阻力位位于前支撑位（0.000009 美元-0.0000096 美元）。 PEPE 最近遭到关键阻力位的拒绝表明看跌情绪。

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 的短期前景更为乐观。其波动范围为 0.0000174 美元至 0.0000127 美元，交易区间处于高位。平衡成交量 (OBV) 等指标显示横盘趋势，表明买卖压力平衡。此外，相对强弱指数 (RSI) 高于中性 50，表明上涨势头。

On-Chain Metrics

链上指标

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.

尽管 PEPE 的网络价值与交易比率 (NVT) 被高估，但其 30 天市场价值与已实现价值 (MVRV) 的负值表明其被低估。这表明 PEPE 与流通价值相比被高估，但就短期价格走势而言被低估。链上指标，例如每日活跃地址的下降和平均币龄的下降，表明分布趋势减弱。

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 仍低于 4 月份的峰值，而 30 天 MVRV 正接近正值区域。硬币的平均年龄逐渐增加，表明积累。 SHIB 的每日活跃地址高于 PEPE，为看涨预期提供了更坚实的基础。