The crypto market is abuzz with discussions about price predictions for meme tokens like Shiba Inu and PEPE, while the new project Layer Brett gains traction.
Price Predictions for Shiba Inu
Shiba Inu has entered cross-chain lending through Folks Finance, opening new opportunities for users. The project team conducted a giveaway of 40.45 million SHIB tokens, generating community interest. Current yield rates reach 9.08%, which contributed to a 28% increase in deposits, reaching $32,000. Speculations on SHIB's price increase continue as it experienced a 1.42% rise over the month.
PEPE: Struggles and Price Decline
PEPE faces significant trading activity decline, with daily volumes dropping to $980 million and open interests at $535 million. Analysis reveals PEPE's price has lost support and dropped to $0.000009600, raising concerns among investors. While whale holdings have slightly increased, exchange reserves continue to climb, indicating potential selling pressure.
Layer Brett: A New Take on Meme Culture
Unlike Shiba Inu or PEPE, Layer Brett presents not just another meme token but a project with real functionality based on Layer 2. It incorporates gamified staking mechanisms and NFT culture. The community is engaged in the earning process, which encourages activity and loyalty, creating a unique atmosphere for participants.
Shiba Inu shows moderate growth, while PEPE faces serious challenges. Layer Brett stands out as a promising launch, combining meme culture with real user interaction possibilities.
