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Cryptocurrency News Articles
Shiba Inu Price Halt: SHIB Struggles To Recover But Crypto Experts Spotlight 3 SHIB Replacements That Will Touch $1 Sooner
Feb 12, 2025 at 04:00 am
A storm is brewing in the crypto market, and Shiba Inu (SHIB) seems caught in the middle of it. While once considered a meme coin giant with the
Shiba Inu (SHIB) has been struggling to regain momentum in recent times, leaving many investors skeptical about its ability to reach the highly anticipated $1 mark. However, as SHIB navigates this downturn, several promising SHIB alternatives have emerged, capturing the attention of crypto experts. Among them, Pepecoin (PEP), Sui (SUI), and WallitIQ (WLTQ) are touted to reach $1 before Shiba Inu, thanks to their unique strengths and potential for explosive growth.
While Pepecoin (PEP) boasts a loyal community and Sui (SUI) is making waves with advanced blockchain technology, both are geared towards experienced traders. In contrast, WallitIQ (WLTQ) is designed to cater to a wider audience, from beginners to seasoned investors, making it an ideal choice for those seeking a user-friendly and accessible alternative to SHIB.
As we delve into the details of each project, let's uncover why crypto experts are bullish on these three coins and how they measure up against Shiba Inu in the race to $1.
Shiba Inu Price Volatility Raises Concerns Among Investors
Shiba Inu price has been under immense pressure over the past month, reflecting a concerning trend that has worried investors hoping to see SHIB reach $1. Currently priced around $0.000015, the meme coin has faced significant losses, painting a gloomy picture for its near-term prospects.
Over the last 30 days, SHIB has lost an alarming 34% of its value. This substantial decline has been further compounded by an additional 15.9% drop in the past week alone. To add insult to injury, the last 24 hours have brought forth another 4% decrease, leaving little room for optimism among those eagerly awaiting a Shiba Inu price recovery.
Given this extended downturn and the minimal gains required for SHIB to reach $1, many crypto experts are now canceling out the possibility of it ever reaching this coveted milestone. Instead, they're shifting their focus to other promising coins that they believe have a better chance of achieving $1 sooner.
Pepecoin (PEP) And Sui (SUI): Two Underdogs On The Rise, But Geared Towards Experienced Traders
While SHIB grapples with its downturn, two underdog projects are emerging as favorites among experienced crypto enthusiasts: Pepecoin (PEP) and Sui (SUI). Both coins have unique strengths and are positioned differently in the market, catering to traders seeking specific opportunities.
Pepecoin (PEP), a meme coin inspired by the popular internet frog meme, is currently valued at $0.000508. It has experienced an 8.4% decrease in the last 24 hours, following a 36.9% drop over the past week. Despite these short-term fluctuations, PEP managed to secure a 14.2% gain in the last 30 days, keeping crypto experts optimistic about its potential for a solid climb towards $1.
Moreover, Pepecoin (PEP) boasts an enthusiastic community and is gradually gaining adoption among traders, increasing its visibility and potential for growth. As a meme coin, it largely relies on community hype and social media trends to influence its price movements.
On the other hand, Sui (SUI) is a Layer 1 blockchain protocol that has been making waves in the crypto space with its advanced technology and developer support. Currently priced at $3.421, SUI has faced some turbulence in recent times, reflecting a 37.7% loss over the past month. However, it has managed to recover from a 4.7% dip in the last 24 hours.
This recent price drop is viewed by many crypto experts as a crucial entry point for those interested in acquiring SUI tokens at a lower price. They anticipate that as Sui (SUI) continues to develop and gain traction, it could experience significant growth, potentially reaching $1 before Shiba Inu.
Both Pepecoin (PEP) and Sui (SUI) are geared towards experienced traders who closely follow market trends and have a good understanding of meme coins and Layer 1 protocols, respectively. However, if you're looking for a coin that caters to a wider audience and offers a multi-faceted approach, another project has caught the attention of crypto experts.
WallitIQ (WLTQ): The Ultimate SHIB Alternative For Beginners And Advanced Traders Alike
While Pepecoin (PEP) and Sui (SUI) may appeal to specific groups of traders, another project is emerging as the dark horse in this race to $1, and it's none other than WallitIQ (WLTQ). Currently in its presale phase and priced at $0.0420, WLTQ has already generated significant interest from both investors and crypto experts.
As the presale progresses, the price of WLTQ token is set to increase in stages. In the next phase, the tokens will be sold
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- title: Ripple (XRP) and PlutoChain ($PLUTO) Are Two Projects That Could Make Big Waves in the Coming Weeks
- Feb 12, 2025 at 01:01 pm
- Ripple (XRP) has been getting attention for its new developments, from expanding its stablecoin reach to talks of going public – we'll explore how this could affect its price in the coming weeks.
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