Scottie Pippen, an NBA legend, shows his support for Shiba Inu (SHIB), however, there are other currencies on the market that might demonstrate more impressive results.
Shiba Inu (SHIB): Goals and Expectations
Shiba Inu (SHIB) is currently trading at $0.00001165 with a market cap of $6.8 billion. The primary target is to reach a price of $0.00005, which implies a potential increase of 330%. Over the past 90 days, the price of SHIB has grown by 24% due to a significantly increased transaction volume and active token burn. However, to achieve the targeted goal, it is necessary to break through the resistance level at $0.00003, where large token holders are located.
Little Pepe (LILPEPE): Key Advantages
Little Pepe (LILPEPE) is currently in its presale phase, raising funds on its website. The starting price is $0.0013, and to date, the token has raised about $3.6 million. It is expected that the price will rise to $0.003 after the listing on exchanges. Analysts predict a 10x growth potential, making LILPEPE an attractive choice for meme coin investors.
Competition: Other Promising Meme Coins
Alongside SHIB, other competing meme coins include Bonk (BONK) and Pudgy Penguins (PENGU). BONK, which operates on the Solana platform, has shown active growth and has the potential to rise to $0.00084 by the fourth quarter of 2023. Pudgy Penguins offers a unique market cap and is also actively developing its NFT projects. Each of these currencies has its unique features that may make them attractive to new investors.
Scottie Pippen's endorsement of Shiba Inu (SHIB) may attract attention, but other meme coins such as Little Pepe, Bonk, and Pudgy Penguins create serious competition due to their high potential capabilities.