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Shiba Inu Rises 2.57%, Competitors Gaining Popularity

Shiba Inu Rises 2.57%, Competitors Gaining Popularity

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by Giorgi Kostiuk

2 days ago


Recent changes in the meme coins market give hope for recovery. Shiba Inu and other tokens are gaining traction, attracting investor interest.

Short-Term Bullish Momentum for Shiba Inu

Shiba Inu (SHIB) has seen a notable 2.57% increase in the last 24 hours, currently priced at $0.00001267 after recently hitting a low of $0.00001234. Trading volume has surged by 122.98%, indicating growing interest in this asset. However, investors are cautioned about potential resistance at the $0.0000127 level.

Cardano Also Displays Growth

Cardano (ADA) recorded a 7.44% surge, trading around $0.7906 after bouncing back from $0.7413. The increase of 102.46% in trading volume suggests active investor participation. Nevertheless, resistance is expected at around $0.792.

Little Pepe: A Meme Coin with Real Utility

Little Pepe (LILPEPE) stands out among meme coins with its functional features. The token is launching its Ethereum-compatible Layer-2 chain, ensuring higher transaction speeds and improved scalability. The appeal of LILPEPE is further strengthened by its security audits conducted by CertiK, achieving a high score of 95.49%, enhancing investor trust in the ecosystem.

The rise of Shiba Inu and Cardano reflects increasing investor interest, while Little Pepe is gaining popularity due to its technology and security. Investors should closely monitor these markets.

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