Pepe Coin Price Prediction: Is $0.0005 Possible This Cycle, and Will PEPE Outperform Shiba Inu (SHIB)?
Pepe Coin (PEPE) has been rising rapidly this year, sparking discussions about whether it can reach $0.0005 this cycle and whether it will outperform Shiba Inu (SHIB). Here's a simplified look at the situation:
PEPE is currently priced at $0.000024, having surged by 1,744% this year. However, reaching $0.0005 seems unlikely in the short term. Analysts predict a price range of $0.000047 to $0.0001318 for this bull run, with the highest estimates still far below $0.0005. A price of $0.0005 would require a market cap of nearly $100 billion, comparable to major coins like Bitcoin and Ethereum, which is highly improbable without massive adoption or viral support.
Will PEPE Outperform Shiba Inu (SHIB)? $SHIB
PEPE has outpaced SHIB in recent growth, with a 135% increase compared to SHIB’s 70% over the past month. However, PEPE’s market cap is still below $10 billion, while SHIB’s is around $19 billion. To surpass SHIB, PEPE would need consistent growth and strong community backing. While PEPE is growing fast, it would take significant momentum to outperform SHIB in the long run.
In short, while PEPE’s growth is impressive, reaching $0.0005 or surpassing SHIB in market cap this cycle remains unlikely without major changes in adoption and hype.
I am not responsible for any decisions regarding the purchase of this coin or any profits or losses incurred after my comment. I am merely providing commentary.
