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Cryptocurrency News Articles
Shiba Inu (SHIB) Faces Difficult Times, But New Emerging Altcoins Show Potential to Overcome $SHIB
Dec 24, 2024 at 06:00 pm
Shiba Inu is facing difficult times. The project faces a massive sell-off from a whale who liquidated 250 billion $SHIB tokens worth $6.05 million.
Shiba Inu ($SHIB) had a rough week, experiencing a massive sell-off from a whale who liquidated 250 billion $SHIB tokens, which are now worth $6.05 million. The meme coin also crashed to $0.000022 on December 21st, losing 20% in value.
The sell-off and price decrease came after the FED announced the latest interest rate cut and gave an outlook for 2025, revealing that the next year will be more aggressive than previously thought. As a result, we can expect only two cuts in 2025, making investors less risk-averse.
These factors could also contribute to $SHIB’s price in 2025. The main question is whether Shiba Inu can reach $0.01 in 2025 and keep up with emerging coins like Wall Street Pepe, Solaxy, CatSlap, and Flockerz.
Shiba Inu price prediction 2025 – 2030
After the sink, the news broke that $SHIB could surge by 235% and hit $0.00005816. Klejdi Cuni thinks Shiba Inu could reach $0.000070, while Pouyan TradeFX says $SHIB could face a 100% uptick.
However, Neil Patel for Fool.com doesn’t think $SHIB can reach $0.01 in 2025. But, Shiba Inu price predictions say $SHIB will continue growing after 2025. By 2030, integrating Danksharding on Ethereum should incorporate Layer 2 networks and improve user experience, scalability, and transaction fees. This could enhance Shiba Inu’s ecosystem.
Much of Shiba Inu’s current price is driven by community hype and speculation. Like many other meme coins, Shiba Inu also lacks utility, which poses a risk to its long-term existence. That’s why Shiba Inu must offer utility and maintain its relevance in the market.
The truth is that Shiba Inu faces many challenges. Although it will continue growing, $SHIB faces issues about its long-term sustainability and potential. That’s why you can try Shiba Inu alternatives that could bring you better gains and long-term utility.
Here is more about them.
Wall Street Pepe: The best Shiba Inu alternative
Wall Street Pepe combines Wall Street trading tactics with the beloved Pepe meme. This emerging altcoin aims to make smaller traders wealthy and help them beat whales. By investing in $WEPE, investors receive features that will help them on their journey:
The Wall Street Pepe presale success suggests this could be the next Pepe Unchained. To remind you, $PEPU raised over $72 million in its presale and surged by 400% with the first exchange listings. The project also focuses on the Pepe ecosystem, bringing massive utility to investors. That’s why Wall Street Pepe could be the next 100x meme coin. If you want to invest, hurry and buy $WEPE before the upcoming price increase.
Solaxy: The best emerging altcoin
Solaxy is the first-ever Solana Layer 2. The project combines Ethereum and Solana, aiming to neutralize Solana’s pain points. Solaxy will create a blockchain that will be scalable, fast, and with low fees but without network congestion and failed transactions.
Because of its scalability, Solaxy is the perfect blockchain for all meme traders since it supports high-volume trading. It makes it easy to build, deploy, and interact with decentralized apps. The last amazing feature is its staking platform, where investors can stake their coins for an APY.
Solaxy could become the best Solana meme project ever and the next 10x Solana Layer 2 scaling solution. If you want to invest in this emerging altcoin, hurry and buy $SOLX now.
CatSlap: The best cat-themed emerging altcoin
CatSlap could be the next best cat-themed meme coin and overcome its competitors MOG, MEW, and POPCAT. Because it’s the first coin with utility among cat memes, CatSlap could be the first cat-themed coin on Binance.
This emerging altcoin gives access to a slapping game. Investors slap for points and rank on Slapometer. Further, investors can stake their coins for a yearly APY. The coins will be locked for seven days, but investors can unlock them earlier if they burn a part of their balance.
After listing on DEX, CatSlap surged by 4000%. The project could be the next meme coin to explode, especially after the CatSlap team burned $1 million in tokens after a massive pump.
Flockerz: The top community-focused altcoin
Flockerz is the first project to combine the Vote 2 Earn rewards
Disclaimer:info@kdj.com
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- Dogecoin (DOGE) Price Prediction: DOGE Struggles Below Key Support Levels as Bearish Momentum Dominates
- Dec 25, 2024 at 08:50 am
- Dogecoin's open interest has plummeted to $1.42 billion, a stark contrast to its April peak of $12 billion. A sustained drop in OI, particularly during DOGE's recent price decline to $0.32, points to traders unwinding positions amid reduced optimism.