$SHIB, $DOGE, and $PEPE Drop 5-6% – Should You Buy or Sell?
The top meme coins are witnessing a dip following Bitcoin's recent correction. Here's a detailed look at their potential and the next steps for traders:
1. Shiba Inu ($SHIB):
Shiba Inu presents a golden opportunity for accumulation. With the potential to surge by 300% in the coming weeks, it remains an attractive choice for long-term holders.
Market Cap: $17.5 billion USD
Price: $0.00003094 (-0.35%)
2. Dogecoin ($DOGE):
As the largest meme coin, Dogecoin retains upside potential, though the current risk-to-reward ratio isn’t the most favorable. Expect gains of 20-30% from current levels.
Market Cap: $62.2 billion USD
Price: $0.43716 (-0.43%)
3. Pepe ($PEPE):
The rising star of meme coins, Pepe, has already shattered numerous records. From its current price, it could rally up to 150%, making it an exciting speculative play.
Market Cap: $8.7 billion USD
Price: $0.00002144 (-1.19%)
Final Thoughts:
While the market is experiencing a dip, these meme coins still hold considerable potential for recovery. Evaluate your risk appetite and trading goals before deciding whether to accumulate or hold.
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