Global #SHIB

Analysts are observing a shift in the cryptocurrency market dynamics, with altcoins taking the spotlight away from Bitcoin. There's growing anticipation of an upcoming altcoin season, fueled by positive signals from technical analysis and on-chain data.

A crypto trader who suffered a significant loss of over $2 million during the previous market cycle by investing in Shiba Inu (SHIB) at its peak and selling at the bottom has now made a notable move by purchasing $1 million worth of PEPE.

The creators of the Mollars token presale and project have recently published a compelling report through their official X profile. Previous reports indicated that the "MOLLARS" brand is attracting search interest from crypto traders comparable to tokens like Bonk Inu (BONK) and Pepe (PEPE).

Optimism has swept through the Shiba Inu community as the native cryptocurrency's burn rate witnessed a sharp increase.

Shibarium, the Layer-2 blockchain supporting the popular meme coin Shiba Inu [SHIB], is observing a significant decline in transaction activity.

According to data from TradingView, PEPE has experienced a significant 21% growth over the past few days, pushing its value to the $0.00001 mark and setting its sights on surpassing its previous all-time high.