SHIB vs PEPE, DOGE vs WIF: Who Wins the Meme Coin Race?

• Meme cash together with SHIB, PEPE, DOGE, and WIF registered important jumps.
• Revenue-taking may lead SHIB all the way down to $0.000018 whereas PEPE signaled a decline beneath $0.0000040.
• The AO mirrored potential downward momentum for DOGE however WIF won’t slide below $1.

For the previous few days, the value of meme cash has been rising in a mind-blowing method. The likes of Shiba Inu (SHIB), Pepe (PEPE), Dogecoin (DOGE), and dogwifhat (WIF) have seen their values climb by unimaginable figures.

Whereas these 4 have led the market’s bullish wave, their efficiency differed. As an illustration, SHIB’s value has elevated by 126.12% within the final seven days. DOGE, however, jumped by 64.23%. PEPE’s efficiency was higher with a 204.18% improve, based on CoinMarketCap. Lastly, WIF’s value elevated by 422.67%, making it the very best meme coin of the lot.

Shiba Inu (SHIB) vs. Pepe (PEPE)

Coin Version regarded on the SHIB/USD and PEPE/USD value motion on the 4-hour timeframe. Based on our evaluation, each meme cash shared an identical construction. It’s also noteworthy to say that PEPE and SHIB  broke out of consolidating across the similar interval however with a little bit distinction.

Whereas PEPE was capable of make it on February 25. SHIB needed to wait three days later to pump. Moreover, the Supertrend indicator flashed a purchase sign for SHIB, indicating that the value potential stays a bullish one.

Nonetheless, SHIB’s value motion appeared to be retracing because the Relative Power (RSI) confirmed that the token had grow to be overbought. It was an identical case with PEPE whose value additionally dropped. 

In the interim, SHIB’s rally may decelerate. From a bearish perspective, the rice may drip to $0.000018 as merchants may e book income within the coming days. PEPE additionally confronted the identical destiny with indicators that it may fall beneath $0.0000040.

Nonetheless, a bullish return may see the costs development a lot increased. In a extremely bullish case, SHIB may rise to $0.000030 whereas PEPE may rally towards $0.000060.

Dogecoin (DOGE) vs. dogwifhat (WIF)

DOGE value at press time slipped from $0.15 to $0.13. WIF’s value additionally dropped from $1.70. However in contrast to, SHIB and PEPE, DOGE and WIF’s value motion had been totally different. For WIF, its unimaginable rise meant that bulls had saved bears out of the image for some time.

Nonetheless, Dogecoin bulls, regardless of being in management, nonetheless had bears lurking within the nook. Utilizing the Fibonacci retracement indicator, Coin Version noticed that DOGE’s value may pull again. As an illustration, the 0.382 Fib stage was round $0.12, indicating that the meme coin may expertise a 7.69% drawdown. 

This potential decline was additionally evident within the Superior Oscillator (AO). At press time, the AO displayed purple bars, indicating a potential downward momentum. If this decline results in a Dogecoin’s value decline, WIF may additionally be affected. Nonetheless, it was unlikely for WIF to drop beneath $1 within the quick time period.