Shiba Inu Looks to Push Higher, but Over 50% of Holders Are Still in Losses; Many Eye New Rival for 16,036% Gains
Shiba Inu ($SHIB) is showing signs of momentum, but data reveals that more than half of its holders are still in the red. As $SHIB tries to regain lost ground, a growing number of investors are shifting attention toward newer, high-upside meme coins. One of the most discussed alternatives is Little Pepe ($LILPEPE), a token aiming for 16,036% gains with a utility-backed Layer 2 blockchain.
Shiba Inu Struggles to Recover for Most Holders
Though the price has been on the decline in recent times, over fifty percent of Shiba Inu owners are making losses. According to on-chain data offered by IntoTheBlock, many of the addresses that bought SHIB in the heights of 2021 have not yet been profitable. Although the token has indeed increased over the recent weeks, it continues to trade considerably under its all-time high.
The high levels of supply and resistance have made SHIB grapple to regain its strength, especially without a major catalyst. Investor sentiment is split, with the token trying to drive higher. Some of them are going elsewhere so that they can pay better in the meme coin market.
Little Pepe Presale Nears End After Raising Over $25 Million
One of the most popular projects is Little Pepe ($LILPEPE), which has raised over $25 million during its presale and sold more than 15.58 billion tokens. The current LILPEPE presale Stage 12 price is $0.0021, which is a 110% increase from the initial Stage 1 price of $0.0010. Stage 12 is nearly complete, with about $353,508 remaining to reach the $25.475 million goal. The next stage price is set at $0.0022.
The LILPEPE token has its own Layer 2 EVM-compatible blockchain that traders are showing interest in as an option that is faster and less expensive than Ethereum-based meme coins. The presale will consist of 26.5% of the $100 billion supply of tokens, and every step has a price increment. Over $15.58 billion tokens have been sold, and the last phases are proceeding at a very fast rate. LILPEPE is available on supported DeFi wallets, where buyers can buy them with ETH, USDT, or even credit/debit cards.
Building Utility Through Layer 2 Technology
Little Pepe is not only a meme coin, but it is also launching its own blockchain network. The team has produced a Layer 2 chain designed to make transactions fast and cheap. It is also EVM compatible, and therefore developers can port over Ethereum dApps with no significant code modifications.
The blockchain is created to have anti-bot and anti-rug pull features. LILPEPE intends to create long-lasting utility without meme culture abandonment, and with no paying taxes on trading and staking rewards, they will not need to pay taxes either. The team is also developing the Pump Pad made by Pepe, an NFT launchpad. This platform would enable users to develop tokens that have an inbuilt security and minimize risks to early investors.
$777K Giveaway Boosts Visibility
The Little Pepe team has also initiated a giveaway worth $777,000 as part of its presale campaign. Ten winners will win a total of $77,000 worth of LILPEPE tokens. Buyers have to spend a minimum of 100 in presale. On top of this, early and top presale participants have a chance to win ETH in a special Mega Giveaway, giving the biggest buyer 5 ETH, the second 3 ETH, the third 2 ETH, and 15 other lucky participants 0.5 ETH each.
This campaign has brought exposure to the crypto communities and wallet behavior indicates a potential rise in demand. According to the project reports, more than one million wallets have already done the presale. LILPEPE is an opportunity that many investors frustrated by the stagnant performance of SHIB are considering. Its Layer 2 technology, low gas fee, staking, and meme branding features are positioning the project as a second step in meme coins with more application potential.
Conclusion
With Shiba Inu trying to drag more than half of its holders out of losses, a lot are finding better opportunities in the meme coin arena. Little Pepe ($LILPEPE), a token with a utility-backed Layer 2 blockchain that is hoping to gain 16,036%, is one of the most talked about options. Having already raised more than $25 million, a rapid presale phase, and a community that is becoming increasingly interested in LILPEPE, the concept is rapidly becoming a formidable competitor in the existing market.
For More Details About Little PEPE, Visit The Below Link:
Website: https://littlepepe.com