🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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📅 Ends at 16:00, Sep 17 (UTC)
🟡 Top 2 Meme Coins That Could Start a Bull Run: Pepe (PEPE), Shiba Inu (SHIB)
🔺 PEPE: The Green Deal
Recently, PEPE has been on an upward trend. According to CoinMarketCap data, Pepe's price has risen from $0.0000053 to $0.0000070 in the last 30 days. During this period, its market capitalization increased from $2.25 billion to $2.94 billion.
Not only that, but the technical analysis of the Pepe coin is also showing bullish signs. For example, this meme coin is currently trading above the 21-day EMA. There are now 15 technical indicators that have also given a buy signal to Pepe. Therefore, experts are bullish on Pepe's price predictions. They predict that PEPE will rise to $0.000012 in the second quarter of 2024.
🔺 Shiba Inu (SHIB): One of the meme coin giants
Meanwhile, Shiba Inu (SHIB) is another meme coin that is showing a bullish trend. Notably, the price of Shiba Inu has risen from $0.000026 to $0.000027. Crypto analyst Crypto Faibik predicts that the meme coin will soon see another 2x bullish rally.
From a technical analysis point of view, the Shiba Inu cryptocurrency will continue to rise. Currently, Shiba Inu is trading above the 50-day and 100-day EMAs. Not only that, but more than 19 SHIB technical indicators are green. As a result, leading market analysts predict that the Shiba Inu price prediction will rebound to $0.000041 in Q2 2024.