Today, Shiba Inu (SHIB) is facing additional resistance as there aren’t enough buyers to absorb the pressure. The well-known meme cryptocurrency has dropped by 4.5% today and may potentially fall further to $0.00002060. Will it sink below $0.00002000 or will the price recover?
30 days of a 27% drop leaves me pondering about buying SHIB today with added discounts, but if the price continues to fall, there might be better alternatives that could surge due to hype in the short term. Therefore, let’s explore three alternative meme coins with more potential, as discussed in this article later on.
SHIB koers daalt door gebrek aan koopdruk
At the beginning of this new year, Shiba Inu has been struggling. This isn’t just due to declining buying pressure, but also the decreasing number of new users on the Shiba Inu blockchain.
The following graph from IntoTheBlock shows that the number of new users has dropped by approximately 40% to 27% since the weekend, and ‘New Adoption Rate’ refers to the number of new users (wallets) performing their first transaction on Shibarium for the first time.
This is a significant setback for Shiba Inu, as it was one of the most successful meme cryptocurrencies in 2021. Expectations that it would also experience explosive growth in 2025 are low, mainly because it currently has a market capitalization of $12 billion. With this size, it ranks second among meme coins after Dogecoin.
If Shiba Inu continues its reasonable growth in 2025 as it does now, you have a lot of discounts on SHIB today. However, if the support level of $0.00002000 for Shiba Inu is lost, this “discount” could potentially increase further.
Wat gaat Shiba Inu doen?
Shiba Inu appears to have lost a significant amount of momentum compared to other meme coins. This is evident as it moves towards its 200-day moving average of $0.00001897. If it breaches the psychological support level of $0.00002000, there’s a risk that it could fall below its 200-day average as well.
Over the past week, the Shiba Inu (SHIB) course followed after an unsuccessful attempt to break out above its 30-day moving average (yellow). The activity of the last week is similar to the rest of the market. However, unlike most altcoins, Shiba Inu appears to be on a downward trend approaching its November start level.
Currently, the Relative Strength Index (RSI) for Shiba Inu has fallen below 40, indicating a growing bearish momentum. Amid this bearish trend, it’s challenging to predict whether Shiba Inu will recover.
If this were to happen, Shiba Inu would be a good meme coin to buy today. However, just like other meme coins, the risk remains high if you decide to invest. The difference from small meme coins is that with a little more risk, there’s a chance of making much larger profits.
Welke meme crypto kopen vandaag?
When a small meme coin rises, it might increase by 1000% or more during the bull run, while Shiba Inu may still rise by about 200% until 2025. Therefore, investing a little in new meme coins seems worth the effort for many.
In this article, we’ll explore three potential contenders that could skyrocket significantly in Q1 2025. These meme coins are currently available for presale temporarily. Early investors can benefit from a fixed low price and additional perks such as attractive staking rewards.
Wall Street Pepe ($WEPE)
One of the best alternatives to Shiba Inu, Wall Street Pepe ($WEPE), has garnered over $47 million during its presale. This new meme coin has attracted much attention since its unveiling in December, which is not surprising given the additional benefits for holders of $WEPE.
Token holders actually gain access to an exclusive community consisting of traders. Within this community, even elite trading insights are shared. Whether you’re a seasoned or beginning trader, these trading insights offer the opportunity to earn significant sums during the bull run.
I see green. I feel green. I am green.
— Wall Street Pepe (@WEPEToken) January 12, 2025
The quality of the trading insights is surprisingly good, and if it continues to be so, the price of $WEPE could significantly increase. Today, you can buy $WEPE for a low price of $0.00036646 per piece, giving you an immediate opportunity to stake your tokens for an Annual Percentage Yield (APY) of 27%.
Nu naar Wall Street Pepe
Flockerz ($FLOCK) is a presale that began at the end of last year and will conclude in about 9 days. This meme project believes in the power of community, which it demonstrates through its Vote-to-Earn mechanism. The presale is nearing its $10 million target, indicating that investors are highly enthusiastic about the meme coin, which could potentially be good for the price after launch.
In this system, as a token holder, you get the opportunity to cast votes on proposals presented within the community. By casting your vote, you earn $FLOCK tokens as rewards, making it worthwhile to hold onto these tokens. The future of the project depends on you, as a token holder!
$FLOCK is still available for purchase at $0.0066883 per piece, in its final phase. Early investors are still reaping high rewards today with significant staking bonuses. At the time of writing, $FLOCK offers a staggering 280% staking APY. By combining Vote-to-Earn with staking, it’s possible to earn a lot of tokens.
Nu naar Flockerz
Currently, the state of Shiba Inu tells us little about the overall meme coin market. However, during its peak in 2024, interest in meme coins was incredibly high. This could happen again, but how can you profit from the next surge? The Meme Index ($MEMEX) is a simple way to get involved with the meme coin sector.
As a researcher, I’m diving into the exposure of the Meme Coin Market through the DeMeme Index. This comes in the form of decentralized indices, each with their own risks and rewards. By utilizing $MEMEX, you can directly invest in these indices, including well-known meme coins such as DOGE, SHIB, PEPE, and rising stars like Goatseus Maximus and Brett.
Currently, MEMEX offers extremely attractive staking rewards with an Annual Percentage Yield (APY) of 944%. You can start staking these meme coins by purchasing them during the presale at a price of $0.015 per token. The more tokens you have, the higher your exposure to the meme coin. This means that you stand to earn more money as the meme coin sector recovers.
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2025-01-13 14:29