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Cryptocurrency News Articles
Shiba Inu (SHIB) and Pepe (PEPE) Could See Explosive Growth and New ATH in 2025
Jan 18, 2025 at 01:00 am
Shiba Inu ($SHIB) and Pepe ($PEPE) are the second and third biggest memecoins, respectively, and both have made headlines for their explosive price increases.
Shiba Inu, which started as a Dogecoin competitor, has now grown into a more complex ecosystem with its own decentralized exchange (ShibaSwap), metaverse aspirations, and a range of utility tokens.
However, Shiba Inu’s early explosive rallies have slowed down recently. According to the 30D chart on CoinMarketCap, $SHIB has declined from $0.00002800 to trade as low as $0.0000200.
Despite the decline, technical analyst CW (@CrytoWhale) has noted that Shiba Inu price did not break the previous low, indicating that its bullish trend is still intact.
According to CW, technicals suggest that SHIB could surge to a new ATH at $0.00041. In addition, Shiba Inu founder Shytoshi Kusama has dropped some updates.
Although the pseudonymous founder didn’t give specifics, he noted that new tools and solutions created to increase the utility of the Shiba Inu ecosystem will be coming soon.
Meanwhile, Pepe crypto has also been on a steep decline over the last 30 days, dropping from $0.0000250 to trade as low as $0.00001600 this week.
While CoinMarketCap’s data shows that $PEPE has bounced back above $0.00001750, most of its technical indicators are still bearish.
According to ChandlerCharts, the decline of January was similar to that of 2024 and was also sparked by U.S. job reports. The analyst explained that the PEPE price has increased by more than 1000% and 650% since the January 2024 report.
Chandler believes that $PEPE could repeat the same performance again. Based on his Pepe price prediction, the memecoin could surge to a new trading high above $0.00015.
As both Shiba Inu and Pepe have pulled off gains of over 100x in the past, many are wondering which of these meme coins can pull it off again.
However, given their current large market caps of $12+ billion and $7+ billion, respectively, it’s unlikely that either SHIB or PEPE can repeat explosive price surges of up to 100x.
On the other hand, smaller-cap and more innovative projects like Remittix (RTX) could still be equipped to pull off staggering gains of up to 100x before the end of 2025.
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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