$SHIB has become more mature as the asset is no longer considered a meme by retail investors
has been showing signs of maturation in recent weeks, distinguishing itself from the more volatile meme coins that have been dominating headlines. While meme assets like Pepe have been pushed to meteoric heights by small retail investors, SHIB's performance has been remarkably steady, moving within the same price range for the past two weeks. This stability suggests that SHIB may no longer be considered a meme coin and is increasingly following broader crypto market trends.
One possible explanation for PEPE's meteoric rise is the growing popularity of meme coins on the cryptocurrency market. The success of tokens like Dogecoin and Shiba Inu has demonstrated that there is a significant appetite for meme-based assets among investors. This enthusiasm has the potential to drive PEPE's price higher as more traders seek to capitalize on the trend.has been hovering around the $0.46 price level for the past few weeks.
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