3 reasons behind SHIB’s decline since 2022 and the meme coin set for the next 100x run

Shiba Inu (SHIB) has faltered, and it has lost almost a quarter of its value within two weeks, and now its price is wallowing at the price of 0.00001212.

This plunge has spooked investors as the once-buzzy meme coin struggles to keep its head above water in a cooling cryptocurrency market.

New wallet creation has plummeted by 44%, and technical indicators flash bearish signals, raising questions about SHIB’s future.

Yet, amid this downturn, a new contender, Little Pepe (LILPEPE), is surging in its presale, offering a fresh opportunity for investors seeking the next big crypto to buy

Shiba Inu’s waning momentum

Shiba Inu (SHIB) has faced a tough road since its 2022 peak.

A 44% drop in new wallet addresses, from 2,059 to 1,171, signals fading investor interest.

This decrease indicates the reduction of fresh capital, which will make SHIB less capable of recovering.

Without new buyers, the meme coin’s price struggles to hold the critical $0.00001182 support level.

A breach could push it toward $0.00001141, deepening losses.

The crypto market demands constant momentum, and SHIB’s dwindling enthusiasm has left it vulnerable.

Meanwhile, new projects like Little Pepe (LILPEPE) are capturing attention with innovative features. This contrast highlights the shifting dynamics in crypto investing.

Bearish technicals weigh on SHIB

Technical indicators have turned grim for Shiba Inu (SHIB).

The Relative Strength Index (RSI) has dipped below 50, signaling weak buying pressure and growing pessimism.

This bearish zone suggests further price declines unless sentiment shifts.

SHIB’s inability to reclaim $0.00001252 as support dims hopes for a near-term rebound.

The crypto market often punishes tokens lacking strong catalysts, and SHIB’s fading hype has left it exposed.

Investors seeking the best crypto to invest in are now eyeing alternatives with stronger fundamentals.

Consequently, Little Pepe (LILPEPE) emerges as a compelling option, blending meme appeal with real utility.

Little Pepe (LILPEPE): a meme coin with a purpose

Little Pepe (LILPEPE) has finalised its audit by FreshCoins.io, earning an impressive 81.55 out of 100, with no critical issues found.

This robust security, bolstered by no mint function and zero taxes, builds investor trust

The project has raised $18,300,000 in its presale, with stages 1 through 9 sold out, amassing $16,475,000.

Stage 10 is currently underway, with tokens priced at $0.0019, and stage 11 will see a price hike to $0.002.

Recently added to CoinMarketCap, Little Pepe (LILPEPE) is gaining traction as a top crypto to buy now, driven by its innovative approach.

## Layer-2 innovation fuels growth

Little Pepe (LILPEPE) is pioneering a Layer-2 blockchain tailored for meme coins, offering the cheapest and fastest transactions in the crypto market. This chain eliminates sniper bots, ensuring fairness for investors

A dedicated meme coin launchpad will empower new projects, fostering growth and adoption.

Many anonymous experts, who have propelled top meme coins, are backing Little Pepe (LILPEPE), adding credibility.

Listings on two top centralized exchanges are planned at launch, with ambitions to join the world’s largest exchange.

This infrastructure makes Little Pepe (LILPEPE) a prime crypto investment, poised for a post-launch price of $0.75 in 2025.

Massive giveaway sparks excitement

Little Pepe (LILPEPE) has launched a $777,000 giveaway to celebrate its rise.

Ten lucky winners will each receive $77,000 in tokens, requiring a minimum $100 presale contribution and completion of tasks like sharing and tagging friends

This initiative fuels community engagement and FOMO, positioning Little Pepe (LILPEPE) as a top crypto to invest in.

Moreover, its presale structure rewards early adopters, with the first phase offering the lowest entry point.

The crypto market thrives on community energy, and Little Pepe (LILPEPE) is harnessing this to drive its ascent.

Riding the next meme coin wave

Shiba Inu (SHIB) has struggled to maintain its 2022 highs, with declining wallets, bearish technicals, and fragile support levels signaling trouble.

Conversely, Little Pepe (LILPEPE) is capturing the crypto market’s imagination with its secure, audited platform and Layer-2 innovation.

The presale’s success, with $18,300,000 raised, and a $777,000 giveaway amplify its appeal as the best crypto to buy now

Investors seeking the next 100x opportunity should act fast, as stage 10 tokens at $0.0019 won’t last long.

Join the Little Pepe (LILPEPE) presale today and secure your stake in the meme coin poised to soar.

For more information about Little Pepe (LILPEPE) visit the links below:

Website:

Whitepaper: /whitepaper.pdf

Telegram:

Twitter/X:

The post 3 reasons behind SHIB’s decline since 2022 and the meme coin set for the next 100x run appeared first on Invezz

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