Can Pepe Coin beat Shiba & Dogelon as prime meme coin 2023?

The cryptocurrency business has been evolving, and when Bitcoin and Ethereum don’t meet the expectation within the final two years, crypto lovers are focusing extra on meme cash equivalent to Dogecoin, Dogeleon Mars, Shiba Inu, and Pepe Coin.  

Dogeleon Mars and Pepe Coin are two of the latest meme cash which have gained consideration available in the market due to heavy worth motion, quantity, and new developments. Learn on to seek out out extra about these meme cash. 

The 2021 Meme Coin Surprise: Shiba Inu (SHIB)

Let’s not neglect concerning the prime rivals of Dogecoin. In 2021, Shiba Inu (SHIB) grew to become a prime competitor of the main meme coin DOGE. It makes buying and selling simpler and extra user-friendly. In 2020, SHIB didn’t have main use instances, however within the second half of 2021, the builders began engaged on making ready ‘Shibaswap.’ It’s a decentralized trade for merchants the place customers can commerce crypto tokens.

Dogelon Mars (ELON) Developed as Prime 2022 Meme Coin

Dogelon Mars (ELON) got here into the market in 2021, and it’s an interplanetary, futuristic theme that additionally options some DeFi instruments. It’s a fork of the Dogecoin blockchain, which is why it’s much like DOGE. It has completely different targets, equivalent to envisioning a time when people will discover Mars and different stars and species from different planets will journey to this world. So, it might be a key trade medium between completely different species. The availability of ELON cash was most, however the builders halved the availability by burning cash on the Ethereum pockets. 

Pepe Coin (PEPE): It’s Time for the 2023 Meme Blast

In 2023, PEPE is getting extra focus than different meme cash. Many analysts and specialists are specializing in the traded quantity on completely different exchanges. Nevertheless, PEPE remains to be illiquid in lots of in style exchanges as a result of the most important Pepe Coin holder is holding greater than $1 million value of tokens, which implies too many cash are in a couple of palms, which makes it a dangerous funding for the long run. 

Within the final week, the frog-themed token has reached a market capitalization from a couple of thousand {dollars} to $140 million, which created huge hype within the business. 

Nevertheless, it’s nonetheless much less in style than Dogelon Mars. Are you interested by investing in ELON? Learn the next to know extra concerning the worth motion of Dogelon Mars.

Dogelon Mars began this 12 months with an uptrend. Nonetheless, now it’s underperforming in comparison with the opposite mainstream cryptocurrencies like Bitcoin and Ethereum as a result of, on the time of scripting this put up, ELON/USD is buying and selling at $0.0000003, which is across the assist that it took in November 2022. 

General candlesticks are forming within the decrease Bollinger Bands, and RSI is within the oversold zone that means a downtrend for the quick time period, but it surely might be the suitable time to take a position for the long run as a result of Dogelon Mars might rise within the subsequent few years. 

On the weekly chart, it’s forming the next low. It will likely be bearish if it breaks the long-term assist round $0.000000h, however the likelihood is much less. Based mostly on our algorithmic Dogelon Mars worth prediction, ELON/USD will cross the extent of $0.0000004 in 2023 and cross $0.000001 in 2024. 

Furthermore, within the subsequent 5 years, you may count on a worth of round $0.000005, so it’s the finest time to take a position a small quantity in it for long-term achieve.