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Pepe & Shiba Inu: Total Collapse or the Start of a New Phase?
In recent weeks, both Pepe (PEPE) and Shiba Inu (SHIB) have faced sharp declines, sparking debate about the future of meme coins. The key question remains: was this a final collapse or just a stop before a potential rebound?
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Pepe (PEPE): Whale Pressure… but Signs of Accumulation
PEPE’s price drop was mainly driven by massive whale sell-offs and large transfers to exchanges, which flooded supply and pushed the price down.
However, data shows that the Top 100 wallets accumulated +2.8% in the past 30 days, while exchange balances dropped by 2.5%. This indicates reduced selling pressure and opens the door for a potential rebound if demand or social hype returns.
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Shiba Inu (SHIB): The Tug-of-War of Burns and Volatility
SHIB’s data reveals a conflicting picture:
On August 7, burn rate skyrocketed +3,464%, destroying 9.6 million SHIB and triggering a short rebound of +1.9%.
Just days later, burn activity collapsed by -98.9%, with only 223K SHIB burned, weakening market confidence.
At the same time, active wallets rose by 12.9%, while large transactions fell by 71%, showing a contrast between new small investors entering and big players pulling back.
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The Bottom Line: Is the Story Over?
Pepe: Despite recent declines, whale accumulation and lower exchange balances suggest the collapse is not final.
Shiba Inu: Its recovery depends almost entirely on sustained burn rates and renewed activity on Shibarium, not temporary spikes.
In short, these meme coins have not collapsed beyond recovery, but are in a fragile phase—caught between whale sell pressure and community-driven revival efforts.