In the world of meme coins, Pepe Coin and Shiba Inu are two prominent names and are often considered competitors. Due to PEPE’s sudden popularity and exponential growth in 2024, it was seen as one of the most promising cryptos, but SHIB’s dominance was the best after Dogecoin and could not be shaken. With the crypto market’s changing dynamic, let’s see whether this frog-themed could finally flip its biggest competitor.
Pepe Coin Quick Rise & Fall
Pepe memecoin is a frog-themed cryptocurrency that challenged the entire market with its exponential growth right after its launch. Within a short period, PEPE’s price grew multiple folds, leaving the investors in disbelief and optimism at the same time.
Although things took a turn for the worse, and the price crashed immediately, the hype remained maintained. With high investor demand and whales’ active support, the PEPE price surged higher and higher in 2024, setting an ATH at $0.00002825 in December 2024.
This was the moment that presented the possibility of PEPE flipping the SHIB. Still, the market downtrend ruined the trajectory, and it currently trades at $0.000007182 with a market capitalization of $3.02B and trading volume of $389.39M, much higher than SHIB. However, a few Pepe Coin price predictions present a different picture.
Shiba Inu’s Performance As a Top Meme Coin
Shiba memecoin, inspired by the popular Japanese dog breed, had a slow start in 2021, but with time, it became the second biggest and most popular meme coin. It is often regarded as the Dogecoin Killer, but now PEPE is another competitor due to its bullish price performance.
Unlike PEPE, its prime is long lost, as its ATH sits at $0.00008845, achieved three years ago. More importantly, it has failed to regain a similar rally since then, currently trading at $0.00001274 with a market capitalization of $7.51B and trading volume of $108.08M. Despite the demand, many Shiba Inu predictions claim that another similar rally is nowhere near.
Despite the lack of performance, its comparatively higher stability over the years has made it superior to Pepe memecoin.
Pepe Coin Price Prediction: Will PEPE Finally Flip Shiba Inu in 2025?
Pepe coin’s bullish price performance in 2024 has led many investors to anticipate it to surpass the Shiba Inu coin. Crypto analyst Jameson once argued that PEPE can flip SHIB due to highly bullish triangle pattern formation. He claimed that it is a matter of time before this actually happens.
Although this has not happened to this day, the possibility still exists. Recently, another analyst, Chandler, questioned, “Can’t believe PEPE still hasn’t flipped SHIB in market cap. Absolute joke.” His question was based on the trading volume difference between the two, where PEPE has nearly twice the SHIB despite the latter having higher demand and stable price performance.
Others added that it was a matter of time before this happened. Some regarded PEPE as the king of the internet and predicted it would reach significant highs. However, its failure to do so limited the possibility. More importantly, for Pepe Coin to flip Shiba Inu, its price will have to be $0.00001802 today to achieve the same market cap as the latter, which is impossible.
The same is true on most predictions, as PEPE’s market cap has to be higher than SHIB’s, which is more than twice in the current scenario. However, in the most optimistic scenario, this may happen.
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