Top Trader Predicts Pepe to Surpass Shiba Inu Soon

HsakaTrades, a seasoned trader, predicts Pepe (PEPE) might soon surpass Shiba Inu (SHIB) in market capitalization as the second dominant meme coin.

A top trader, HsakaTrades, believes that Pepe (PEPE) might soon surpass Shiba Inu (SHIB) in market cap. This prediction, shared on X, has stirred discussions about the market dynamics of these memecoins.

Currently ranked 27th on CoinGecko, PEPE has shown remarkable growth, while SHIB, sitting at 13th, maintains a stronger market presence. Shiba Inu is the second-largest meme coin by valuation, only behind market leader and the original meme coin Dogecoin.

PEPE Needs 221.8% Price Rise to Match SHIB

For PEPE to reach SHIB’s market cap, its price would need to rise to approximately $0.00003582. This shift represents a 221.8% increase from PEPE’s current price. As of today, Pepe (PEPE) is priced at $0.00001113 with a 24-hour trading volume of $1,623,019,274.71. 

DATE:

MAY 21, 2024

WRITTEN BY: @Mr_Coda