Crypto
Meme Coin Showdown: Shiba Inu Seeks $0.00001 Rebound as AlphaPepe Gains Traction
Shiba Inu's price needs an 89% rally to reclaim $0.00001, but AlphaPepe is gaining traction in the meme coin market with its AI-powered exchange utility.
The Shiba Inu token was trading near $0.00000529 at the time of writing, with a market value of around $3.1 billion and approximately $100 million traded over 24 hours.
Recent burn activity has added attention to the supply side, but with an enormous circulating supply of 589 trillion SHIB, the effect is limited.
AlphaPepe, on the other hand, is building a meme story around its AI-powered exchange, AlphaSwap, which scans token contracts and tracks whale movements to help retail traders make informed decisions.