• Pepe (PEPE), Dogecoin (DOGE) and Shiba Inu (SHIB) are surging in price due to new market developments.
• Analysts suggest investing in VC Spectra (SPCT) for its real-life utility.
• The prices of PEPE, DOGE and SHIB have increased by 26.10%, 7.02% and 8.17%, respectively.
Price Surge of Pepe (PEPE), Dogecoin (DOGE) and Shiba Inu (SHIB)
The prices of Pepe (PEPE), Dogecoin (DOGE) and Shiba Inu (SHIB) have been surging due to new market developments and expansion into new markets. PEPE has surged by 26.10% in the last two days, while DOGE has increased by 7.02% in the last week, with a current price of $0.06615 . SHIB is currently selling for $0.000007923, increasing by 8.17% in the last two days. Crypto analysts suggest VC Spectra (SPCT) as another viable investment with an outstanding level of real-life utility for investors looking for returns in the following term.
Pepe (PEPE)
PEPE is currently priced at $0.000001448, surging by a significant 26.10% in the last two days due to several financial institutions filing for Bitcoin EFT applications which renewed investor’s faith in its utility as a meme coin having 119,784 unique addresses . However, bears warn that PEPE could soon be destroyed by competing meme coins if PEPE’s team doesn’t offer innovative features to strengthen its position against other coins such as SPCT or DOGECOIN .
Dogecoin(DOGECOIN)
Dogecoin’s(DOGECOIN) increased whale activity and new product offerings are some of the reasons why analysts predict that Dogecoin will soon surpass the $0.095 threshold thus expanding its current $919B market capitalization further . On the other hand , there are allegations levied against Dogecoin supporter Elon Musk which could drive investors away from it reducing its stability .
Shiba Inu(SHIB)
Shiba Inu enthusiasts believe that SHIB will continue on an upward trend due to technological updates greatly increasing its utility and adoption potential like Shibacals component enabling conversion of NFTs into tangible assets & Shibarium layer-2 network being added to its ecosystem . However bears perceive recent massive transactions as indicating manipulation which could reduce SHIB’s stability significantly .
Conclusion
In conclusion , all three crypto currencies have seen an increase in their prices recently but opinions vary on whether they can sustain these gains or not , with many suggesting alternatives like SPCT instead which offers great real life utility . Investors should be aware of all factors before making any investments decisions & always do their own research before investing any funds