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Shepe, a meme coin combining Shiba Inu and Pepe Coin, is rising amid the volatility in crypto markets. Over the past day, SHEPE has spiked more than 12%.
SHEPE has been doing well in the past few days because it has features from Shiba Inu and Pepe Coin. At 6:00 AM EST on September 5, SHEPE is being traded at $0.00000002215, which increased by over 12% in the last 24 hours.
With crypto prices going up and down a lot, people are wondering if SHEPE will keep going up. Let’s consider whether the Shiba V Pepe token might have a long-term trend of increasing prices.
SHEPE’s Long-Term Bullish Outlook: Rival to Pepe and Shiba Inu?
The new meme coin SHEPE, launched on August 29, is making a significant impact. Shepe is ranked 2183 on CoinMarketCap with a market cap of $7.86 million. Aiming for billions, SHEPE might compete with Shiba Inu and Pepe.
Its outstanding performance could trigger a massive price surge and sustainability in the future.
SHEPE soared over 1,500% within three days of its emergence. Experts and influencers believe meme coins are the next big thing.
The recent explosive price rally of SHEPE makes it the ‘strongest token of the day,’ as per Eric Cryptoman.
$SHEPE definitely the strongest token of the day. Euros & Burgers pumped it 3x so far already.
Seen a tonne of copycats try and launch but none doing well. $SHIB vs $PEPE who you got? https://t.co/t3ZNHbtw2n pic.twitter.com/ASveJNRYtY
— Eric Cryptoman (@EricCryptoman) August 31, 2023
SHEPE witnessed a 10x price rally while just getting started, according to TraderNJ, noting that the meme sector continues to be the most powerful.
Looks like Saudi money absolutely decimated $shepe jeets last night. Crazy vol coming in last night causing a 4x pump from the highs.
Little pullback now let’s see if the euros can give us the bounce back.
Crazy hyped community forming here & dev is a baller. https://t.co/Kk2ek38vI7 pic.twitter.com/ULkZBGnycm
— Eric Cryptoman (@EricCryptoman) August 31, 2023
SHEPE has hit a milestone since its inception, riding on solid and bullish forces. A new all-time high (ATH) was reached on September 4. Shiba V Pepe’s value surged over 100% in one week.
Analyzing SHEPE Market Trends: Bullish Signals and Potential Uptrend
The 2-hour chart shows that the SHEPE market has seen a lot of buying activity, as demonstrated by three green candlesticks.
Also, the technical indicators used to understand the market show that SHEPE is above the lower Bollinger band. This suggests a positive trend. If people keep buying today, SHEPE might reach the upper Bollinger Band because the market sentiment is good.
The token’s Relative Strength Index (RSI) is at 53.75 and moving toward the oversold zone, which means more people are buying SHEPE.
Additionally, SHEPE’s Moving Average Convergence/Divergence (MACD) shows fewer red bars, indicating that bearish strength decreases as bullish momentum grows.
SHEPE Coin Alternative – SONIK
After its rise in the presale phase in mid-August, Sonik Coin has gained significant interest from meme and crypto coin enthusiasts.
The SONIK Coin presale has raised nearly $1.7 million, leaving only 3 hours to reach the ambitious $2.09 million goal. Meme coins are attracting investors eager to make money.
The Sonic the Hedgehog-inspired SONIK Coin wants $100 million. This project had rapid success during the presale, catching the crypto community’s attention.
Exploring New-Age Cryptocurrency Investment with Sonik Coin
SONIK Coin runs on Ethereum ERC20 and wants to sell $2.09 million worth of coins. It offers a Stake-to-Earn feature, letting users earn residual rewards by staking their $SONIK coins. The protocol lets these coin holders get impressive annual rewards of up to 52% by locking their tokens in a pool.
LESS THAN 24 HOURS LEFT!!!
The #Presale's zooming to its finish line! ⏳🚀Lock in that $SONIK speed now! 💨
👉 https://t.co/s1fTdXDQCK#MemeCoin #1000x #Crypto #Web3 #AltGem pic.twitter.com/txTBxKPV0P— SONIK COIN (@Sonikcoin) September 4, 2023
The best thing about Sonik Coin is how much you can earn. Stakes are almost 19.9 billion a year, which gives you a 120% return – so every new block rewards you with 9,125 tokens.
Understanding Sonik Coin: How It Works and What’s Next
More than half of the tokens have been sold in the current presale. Tokens are only kept for 10% of trading and rewarded to holders of the rest. Around $299 billion is the value of these tokens.
For Sonik Coin to stand out from other meme coins, it wants to hit $100 million in market value. Earn rewards and keep your tokens.
Sonik Coin is going through a few stages, like making token memes. While SONIK is still new, it’s getting a lot of attention. Sonik Coin has more than 1,900 Twitter followers and 1,500 Telegram followers.
In his opinion, Sonik Coin will succeed, according to one of the biggest YouTubers talking about crypto. You can buy SONIK at sonikcoin.com.
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