PEPE has lost $6 billion in market cap since December 2024, but some analysts think it could bounce back.

With Binance’s BNSOL Super Stake program boosting interest and technical indicators pointing to a possible breakout, investors are keeping a close eye on PEPE’s next move.

Meanwhile, Shiba Galaxy ($SHIBG) might be gaining traction as a Layer-2 solution for meme coins. With significantly faster transactions, near-zero fees, and developer support, it’s looking to bring real utility to the space.

Here’s the latest info on both projects.

Can PEPE Coin Bounce Back After Its $6 Billion Crash?

Pepe Coin (PEPE) is currently trading at $0.00005958, down 4.5% in the last 24 hours. The 24-hour trading volume is around $1.09 billion.

PEPE has seen a wild ride over the past few months. After soaring to a $10 billion market cap in December 2024, it has since lost about 65% of its value and is now sitting at around $4.1 billion.

Despite this massive drop, some believe PEPE could recover. A recent boost came from Binance’s BNSOL Super Stake program, which helped push PEPE’s price up 7%.

Price predictions vary widely. Analyst CW says that PEPE is rebounding from a falling wedge pattern, with a short-term target of $0.000027, though some resistance is expected near that level.

Analyst Planfomo sees even more potential for PEPE and notes that it’s retesting the bottom of an ascending channel. He says that if PEPE can break through its descending trendline, it could climb 40-60% in the short term. If the market enters a strong altcoin season, he predicts a potential 240% surge.

Shiba Galaxy ($SHIBG): The Next-Gen Layer-2 Built for Meme Coins

Shiba Galaxy ($SHIBG) is not just another meme coin—it’s a high-speed, low-cost Layer-2 blockchain that could power the next generation of meme tokens.

Shiba Galaxy is building real infrastructure that could support the booming meme coin sector. Ethereum’s high gas fees and slow transaction speeds have long been a problem for meme coin traders.

Shiba Galaxy could solve this by running on a custom Layer-2 blockchain by offering significantly faster transactions and near-zero fees while ensuring seamless compatibility with Ethereum.

Shiba Galaxy has already proven its scalability. Its testnet has processed over 46,000 daily transactions.

What sets Shiba Galaxy apart is its expanding ecosystem. Users could easily transfer assets between Ethereum and Shiba Galaxy Chain with minimal cost, which might make it more efficient for traders and investors.

A decentralized exchange built specifically for meme tokens is also in the works and will offer better liquidity and trading opportunities.

The Shiba Galaxy Builders Collective is supporting developers by funding innovative meme coin projects and helping expand the ecosystem.

Security is a priority. Shiba Galaxy was audited by SolidProof and Coinsult to guarantee trust and transparency.

The project also embraces community governance and allows SHIBG holders to have a say in its future development.

The meme coin sector is now worth over $73.2 billion, with $8.33 billion in 24-hour trading volume. As Shiba Galaxy gains momentum, it might be able to compete with top projects like Pepe Unchained, which currently holds a $63.6 million market cap.

The Bottom Line

Pepe Coin’s price swings highlight the unpredictable nature of meme coins. While some analysts see the potential for a rebound, its future depends on market momentum and investor sentiment.

On the other hand, Shiba Galaxy ($SHIBG) might become a robust layer-2 project for meme coins. With fast transactions, low fees, and an expanding ecosystem, it could make a real difference.

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Please remember that this article is purely informational and not financial advice. Any and all cryptocurrencies are volatile, with prices prone to rapid changes. Always do your own research and consult an expert before joining any crypto venture. We are not liable for any outcomes based on the information in this article. Statements about the future entail risks and may not reflect updates.

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