
Pepe Coin ($PEPE) has taken a hit, but analysts believe the worst may be over. With support holding and buying pressure increasing once again, many expect a sharp rebound as the negative sentiment fades away.
At the same time, Shiba Galaxy ($SHIBG) could draw interest for its high-speed Layer-2 solution built for meme coins. Offering potentially significantly faster transactions and near-zero fees, it may position itself as a serious competitor to Ethereum and Solana for low-cost, high-efficiency trading.
Let’s check the details and see why!
Pepe Coin ($PEPE) recently lost the crucial $0.00001 support level, a key psychological and technical area.
After briefly retesting it, the price failed to break back above and has now been consolidating below this level for nearly two weeks.
Currently trading at $0.00000978, analysts are closely watching whether it can reclaim this range or if further drop is on the horizon.
Popular analyst Byte By Byte said that a massive 55% pullback might lead Pepe to a rebound, while GhostMMXM warns of a bull trap, expecting another selloff toward $0.000006.
Despite short-term uncertainty, experts believe Pepe could still revisit its $0.00002825 all-time high by year-end. If market sentiment changes, a break above $0.00001 could spark renewed momentum, potentially leading to a price recovery.
Shiba Galaxy ($SHIBG) could introduce a next-generation Layer-2 blockchain designed specifically for meme coins.
It may offer significantly faster transactions and near-zero fees, potentially making it a more efficient alternative to Ethereum and Solana’s congested networks.
With the meme coin market hovering around $73.2 billion and daily trading volume around $8.33 billion, Shiba Galaxy might provide the necessary infrastructure to support further growth. The project already has a live testnet, which has reportedly handled over 46,000 daily transactions, demonstrating its potential scalability.
To improve interoperability, Shiba Galaxy could introduce seamless Ethereum bridging, allowing users to move assets between Ethereum and the Shiba Galaxy Chain at minimal cost. Also, the team might launch a dedicated meme coin DEX, streamlining token trading within the ecosystem.
Listed on Uniswap and DexScreener, Shiba Galaxy could gain buzz in the following weeks. To attract developers, the Shiba Galaxy Builders Collective may offer grants for dApp creation. Security also remains a focus, with audits from SolidProof and Coinsult looking to bring trust to users and developers.
Pepe Coin’s future is currently dependent on whether it can reclaim the support or break lower. While some analysts expect a big rebound ahead of us, others warn of more dipping before any recovery.
Meanwhile, Shiba Galaxy ($SHIBG) could be carving out a niche in meme coin infrastructure. With potentially faster transactions and lower fees, it may offer a real alternative to Ethereum and Solana. As demand for efficient trading grows, Shiba Galaxy might be a project to watch in the following weeks.
Disclaimer: It’s important to note that participating in presales carries risks, including market volatility and potential project delays. Please conduct thorough research, understand the risks of market volatility, and seek professional advice before engaging with any blockchain project. Future-oriented statements are speculative and may not be modified.
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