Bitcoin News Today: Shiba Inu and Little Pepe Poised for 70% to 50x Gains as Bitcoin Approaches $130 000

Analysts are increasingly pointing to a potential price surge for two prominent meme coins, Shiba Inu (SHIB) and Little Pepe (LILPEPE), amid Bitcoin’s (BTC) recent upward trajectory and the broader crypto market’s renewed risk appetite. While SHIB continues to consolidate near $0.0000120, technical indicators and on-chain activity suggest a possible 3x rally is on the horizon, particularly if BTC surpasses $130,000. In parallel, LILPEPE is gaining traction as a next-generation meme coin with underlying blockchain infrastructure, attracting significant attention and capital during its final presale stages [1].

SHIB has seen a steady decline in exchange reserves, signaling accumulation by long-term holders and whales who are pulling tokens off centralized exchanges. This trend is often seen as a precursor to price tightening and potential bullish movement. Over 1.3 billion SHIB tokens have also been burned in the past week, reducing the circulating supply and potentially increasing the token’s scarcity. Analyst Joe Swanson has identified a classic cup-and-handle pattern supported by a double-bottom formation on SHIB’s price chart, which could indicate a 70% upside in the near term [1].

Key resistance levels for SHIB are currently positioned at $0.0000147 and $0.0000171, with a more ambitious target of $0.0000239 under favorable market conditions. This potential price action becomes even more compelling if Bitcoin continues its ascent and breaches $130,000, a milestone that could catalyze a broader rally in meme coins [1].

Meanwhile, LILPEPE is emerging as a strong contender in the meme coin space, particularly due to its presale performance and blockchain innovation. The token is currently in Stage 9 of its presale, with over 96% of available tokens sold out at $0.0018 per token. The project has raised more than $15.1 million and is set to list on two major centralized exchanges, alongside an existing CoinMarketCap listing. These developments signal strong institutional confidence and increased liquidity for the token [1].

What sets LILPEPE apart is its Layer 2 blockchain, designed specifically for meme tokens. The platform features zero trading tax, fast and low-cost transactions, anti-sniper bot technology, and a Meme Launchpad that allows users to create their own meme tokens. These functionalities address key pain points in traditional meme coin ecosystems and could enhance LILPEPE’s long-term viability and adoption [1].

Analysts have highlighted several factors that could propel LILPEPE’s price to a 20x to 50x increase if Bitcoin reaches $135,000. These include aggressive marketing strategies, viral community growth, and the $777,000 giveaway, where 10 participants can win $77,000 in LILPEPE tokens. With over 20,000 active members on X and Telegram, the token’s community engagement is accelerating, further supporting its momentum [1].

While SHIB’s potential is largely driven by on-chain activity and burn mechanics, LILPEPE offers a more comprehensive value proposition by integrating meme virality with blockchain utility. If Bitcoin’s rally continues and the broader market remains bullish, both tokens could experience significant price appreciation. However, investors are reminded that these predictions are speculative and depend on the evolving market dynamics and broader crypto sentiment [1].

Source: [1]Shiba Inu Price Prediction: Sharp SHIB and LILPEPE Crypto Price Rally Incoming as Bitcoin (BTC) Eyes $135,000 (https://coinmarketcap.com/community/articles/68985ada4aa6a72cbd7c7437/)