Shiba Inu is back in the spotlight as investors assess its potential rise and the emergence of the new meme coin, Little Pepe.
Shiba Inu's Burn Strategy and Its Implications
Shiba Inu (SHIB) is garnering investor interest due to its token burn strategy. Recently, over 116 million tokens were burned on the Shibarium platform in just one week, causing a surge in burn rate by 112,000%. Currently, SHIB is trading at $0.000012, remaining far from the target of $1. If the burn continues at the rate of 10 trillion tokens monthly, the total supply could decrease from 589 trillion to 89.5 trillion within five years. This could lead to a price increase to approximately $0.00008234, marking a 558% rise, but reaching the $1 price point remains unlikely.
Little Pepe: A Meme Coin with Real Infrastructure
Little Pepe (LILPEPE) stands out from typical meme coins by incorporating genuine blockchain innovation. It is built on a custom Layer 2 blockchain that delivers high-speed transactions with minimal fees. One unique aspect of LILPEPE is its integrated Launchpad, allowing the launch of new meme tokens. The team comprises experienced specialists, contributing to a growing interest from both retail and institutional investors.
Growing Presale and Company Plans
In its second presale stage, Little Pepe has raised over $782,112, with 756,465,830 tokens sold. Analysts predict the token price could surge to $1 post-launch, though continued success is necessary. Additionally, a $777,000 giveaway is part of the presale strategy, drawing more attention and building the community. Participants must invest a minimum of $100 and complete simple tasks like social media shares.
While Shiba Inu's potential remains uncertain amidst the burn success, Little Pepe offers innovative solutions and prospects that may appeal to investors.
