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📊 [1/4] Analyzing Memecoin Trends: $PEPE vs. $SHIB 🚀
❓Does PEPE follow SHIB's path❓
- Data provider: @flipsidecrypto
- Analysis for: @MetricsDAO
- Dashboard Link:
flipsidecrypto.xyz/Ario/does-pepe…
#Memecoins #BTC #DataAnalytics
❓Does PEPE follow SHIB's path❓
- Data provider: @flipsidecrypto
- Analysis for: @MetricsDAO
- Dashboard Link:
flipsidecrypto.xyz/Ario/does-pepe…
#Memecoins #BTC #DataAnalytics
[2/4] 1️⃣ Price trends:
Both $PEPE and $SHIB experienced remarkable price surges within short periods.
🚀 $PEPE reached its price ceiling within a month, while $SHIB witnessed a surge of over 136,000 times in approximately 454 days.
#CryptoNews
Both $PEPE and $SHIB experienced remarkable price surges within short periods.
🚀 $PEPE reached its price ceiling within a month, while $SHIB witnessed a surge of over 136,000 times in approximately 454 days.
#CryptoNews
[3/4] Liquidity insights:
@Uniswap played a crucial role in providing liquidity. The majority of liquidity flowed into UniSwap, with the $WTH pair being prominent.
Notably, liquidity also moved towards @coinbase , potentially indicating a trend of users seeking stability.
@Uniswap played a crucial role in providing liquidity. The majority of liquidity flowed into UniSwap, with the $WTH pair being prominent.
Notably, liquidity also moved towards @coinbase , potentially indicating a trend of users seeking stability.
[4/4]❓Are markets returning to a risk-off mentality❓
It is worth noting that the behavior of #memecoins like $SHIB and $PEPE, with their significant price fluctuations and subsequent downward trends, can be indicative of a risk-off sentiment among traders.
It is worth noting that the behavior of #memecoins like $SHIB and $PEPE, with their significant price fluctuations and subsequent downward trends, can be indicative of a risk-off sentiment among traders.
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