PEPE Coin Price Prediction: Will The Post-Election Boom Continue?

As everyone in the crypto space has anticipated, Donald Trump’s victory in the 2024 Presidential Election is creating a serious stir across the industries. With cryptocurrencies soaring in value (Bitcoin even reaching its all-time high price of $76.191), investors are looking for new opportunities.

Established meme coins are regaining their old glory and growing in value. For instance, PEPE ($PEPE) is currently recovering from its early November slump, attracting attention from traders looking to ride its potential next wave. Newcomers, on the other hand, such as the low-cap gem Shiba Galaxy ($SHIBG), are drawing more and more attention to themselves, due to their low market capitalization and utility-based nature.

Since the new meme coin super-cycle is likely coming, it’s a good time to develop a PEPE coin price prediction that explores the most likely scenario.

Will PEPE remain in the ‘green’?

Looking at historical data, $PEPE performed well throughout its life cycle, reaching an all-time high of $0.00001718 in May 2024. After a slight price correction, it sharply dipped in value at the beginning of November, only to start climbing on election day.

The post-election momentum is undeniable. At the time of writing (11/7/2024), $PEPE’s daily trading volume spiked by an incredible 118.54%, and its market capitalization increased by 14.98%. The price is hovering around $0.000100.

Looking at the overall sentiment, it’s realistic to expect that $PEPE will regain its old glory and match its highest price. This could cause an onrush of new buyers that may exponentially boost its value. For December, we may see $PEPE trading at $0.0000150 on average, presenting good value for short-term traders.

If everything pans out, $PEPE could experience massive growth in 2025, and it’s hard not to root for the little green frog to stay in the ‘green’ throughout the bull run and beyond.

Why you should look beyond $PEPE

You’d be wise to look beyond older meme coins. Not only are they limited in terms of utility and offer mostly meme value, but they’re not the best avenue for making the largest gains.

It’s simple really – interest (money, in this context) can grow faster and more exponentially in the space that’s easier to move. Put differently, projects with smaller market caps offer a much larger growth potential.

There’s nothing wrong with $PEPE or other established coins – they still have a place in your portfolio. It’s just that smaller coins present a potentially more lucrative investment opportunity.

Shiba Galaxy is taking off

As “vintage” meme coins are swinging back into fashion, new and exciting projects are already popping up, looking to inject new life into the meme sector. Shiba Galaxy ($SHIBG) is a prime example of this.

With a low market cap of just $30 million (a tiny fraction of PEPE’s $4.21 billion market capitalization), Shiba Galaxy could have a notable upswing potential. The pre-sale is also reasonably priced at $0.105.

Good fiscal markers aside, the true power of Shiba Galaxy actually lies in its underlying idea. It’s not just a meme coin as the project has actual utility, which is very rare in this sector. Generally speaking, a project that has real use will in most cases attract more attention, therefore creating much more long-term value.

Shiba Galaxy is an L2 blockchain meme coin addressing several challenges that meme coin enthusiasts have to deal with. For instance, fees and transaction speeds are considered by many a necessary evil. Shiba Galaxy makes this a non-issue through instant bridging between Ethereum and Shiba Galaxy Chain.

As a meme coin ecosystem, this project also features a block builder and a block explorer – a testament to dedication and pure love for the community as these goodies will make it super easy for developers to create new meme coins.

To show just how mature the project is, the team behind Shiba Galaxy also implemented staking. This provides even more value to investors as they can increase their bag, similar to how it works with larger crypto assets.

Look toward the future

While they’re far from losing their relevance (Dogecoin is still alive and kicking), old meme coins can be considered limited in the modern era. Some projects already recognize that fact and are incorporating new technologies, which is the case with Shiba Inu which now features a DEX.

Despite all the effort, the market caps of old meme coins are simply too high. Investors could strike gold much easier by choosing utility-centric projects with smaller market caps such as Shiba Galaxy.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article