The article analyzes the recent performance of two major memecoins, Shiba Inu (SHIB) and PEPE, noting a general lack of action in the broader memecoin market. While both coins are in a consolidation pattern, SHIB has outperformed PEPE over the last week, with a minimal loss of 0.3% compared to PEPE's 3.7% drop.
Key takeaways from the analysis:
In conclusion, both memecoins are approaching critical breakout zones. However, their underlying drivers differ significantly. SHIB's potential rally is supported by whale accumulation, while PEPE is relying on retail buyers. The article suggests that the coming days will reveal whether PEPE can catch up to SHIB or if SHIB will extend its lead.
September 2025, Cryptoniteuae