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The crypto industry has evolved over the years, giving birth to healthy competition between top crypto projects. Sui (SUI), a leading layer-1 blockchain protocol, has gone head-to-head against Pepe (PEPE), a meme-inspired token. As the battle rages on, WW3 Shiba (WW3S), a SocialFi meme coin with interests in blockchain gaming, is pulling away from the competition.
Sui and Pepe had their moments in various stages of the ongoing bull market. Pepe recently surged amid the meme coin frenzy. WW3S, the native token of the WW3 Shiba ecosystem, is luring investors as it is tipped to be the successor to the viral Shiba Inu (SHIB) meme coin.
Sui is a layer-1 blockchain formed by Meta's former employees working on a now-defunct in-house blockchain project called Diem. The SUI blockchain has several innovative features, making it a hit with investors.
However, Sui's price action has not been immune from the recent market dump. SUI is trading at $0.8873, about 17% down from the past month. SUI gained 15% in the past year, a far cry from meme coins that recorded major gains. Analysts are giving bearish short-term Sui price predictions. The altcoin is expected to bounce back in Q4.
Pepe remains one of the best Ethereum-based meme coins, despite a recent dump by Whales. Data shows that a Pepe whale dumped 700 billion PEPE tokens worth $7.83 million, incurring a realized loss of $3.47 million. Analysts have argued that this is a strategic move rather than panic selling, hinting that Pepe could bounce back from its losses.
PEPE has defied the sell-off by gaining 10% in the past 24 hours (at the time of writing), taking its market cap to $4.9 billion. PEPE is up 638% in the past year, and analysts claim that the meme coin still has more fuel in the tank. As the bull market enters its next stage, investors are pinning their hopes on innovative Ethereum-based meme coins such as WW3 Shiba.
WW3 Shiba has surprised many experts as both whales and retail investors pile their cash into its presale, mainly because its native token, WW3S, has an attractive floor price of $0.001 apiece. At the same time, WW3 Shiba is projected to soar by 580% during the presale, thanks to rising demand.
Apart from venturing into blockchain gaming, which will attract Web3 enthusiasts and traditional gamers, WW3 Shiba is building a growing and loyal community of investors. This is because investors trusted the project, as the WW3 Shiba's team will lock its tokens for three years. The team will be allocated 5% out of a total supply of 4.3 billion WW3S tokens.
WW3 Shiba will reserve 2% for charities, a move that gives the project real-world applications. Independent analysts have lauded WW3 Shiba as the best crypto investment in 2024.
If you would like to find out more information about the presale,
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
