Shiba Inu (SHIB), the second-largest meme coin and the 13th-largest cryptocurrency by market cap, recently saw a major price surge which pushed the token up by 40% on a weekly basis, and 17% in the last 24 hours.
Shiba Inu Price Surges 40% But A Major Resistance Is In Its Way
The SHIB price climbed to a resistance at $0.00002 at the time of writing on September 27, as part of the market-wide bull run that also led Bitcoin to $65.5k. Now, the second-largest meme coin has become the top performer on a weekly basis among the top 10 largest meme coins by market cap.
The project outperformed Dogecoin on both a daily and weekly basis, with DOGE going up by 8% and 16%, respectively. Also, while PEPE and FLOKI did outperform SHIB on a 24-hour basis, neither of the two comes close to it on a weekly chart.
However, despite its price performance in the last week, the token is still far away from its yearly high, meaning that there is still plenty of room left to grow. But, if the bulls withdraw and a new wave of corrections starts, it is likely that SHIB’s value will see a sharp drop in response to its current sharp surge.
Fortunately, investors looking for the best new opportunities have other options, such as Pepe Unchained (PEPU), which is considered by many to be the top-performing presale of 2024.
JOIN THE PEPE UNCHAINED PRESALE — THE MOST SUCCESSFUL ICO IN 2024
What Makes Pepe Unchained So Successful?
Pepe Unchained is the new and improved version of the original Pepe, or at least, that is what it sees itself as. This comes from the fact that Pepe Unchained is the first Pepe-inspired meme coin to have its own blockchain.
The original Pepe was launched on Ethereum, as an ERC-20 token, where it remains to its day, and every other Pepe alternative did the same. However, for all of its achievements and contributions to the development of crypto and blockchain alike, Ethereum’s network is still considered slow, expensive, and unable to scale.
This is where Pepe Unchained comes in, as the fact that it has its own Layer-2 chain allows it to become the first Pepe to break free from Etheruem’s limitations. It is faster, cheaper, and more scalable than ETH, and it will have its own DEX, Block Explorer, the PEPU Foundation, and more.
For now, however, it remains in its presale stage, which raised over $15.6 million over the past few months, making it one of the most successful ICOs of the year. While the presale is approaching its end with each new day, there is still some time left for investors to buy PEPU before the inevitable price surge that will come post-launch.
BUY PEPU BEFORE ITS PRICE GOES UP
You can buy it too, as the token sells for only $0.00986, and it can be purchased with ETH, BNB, USDT, or credit/debit cards.
