Both $PEPE and $SHIB (Shiba Inu) are meme coins, and their current prices are far below $1. Predicting which might reach $1 first is purely speculative and depends on factors like market trends, investor sentiment, and the broader cryptocurrency landscape.
Key Points to Consider:
Shiba Inu ($SHIB)
Community & Ecosystem: $SHIB has a larger and more established community, along with initiatives like the ShibaSwap exchange and the Shiba Inu metaverse.
Supply Challenges: With a total supply exceeding 500 trillion tokens, reaching $1 would require a market cap in the trillions, demanding global adoption and significant market shifts.
PepeCoin ($PEPE)
Newer Entrant: $PEPE is less established but could see rapid price increases due to viral trends and social media-driven hype.
Supply Concerns: Similar to $SHIB, $PEPE's oversupply poses a major challenge, requiring immense demand and investor interest to approach $1.
Conclusion:
For either coin to hit $1, it would take unprecedented demand, substantial supply reductions (e.g., token burns), and widespread adoption. While $SHIB has a more robust ecosystem, both coins would require extraordinary growth to achieve such a milestone.
In summary: It's highly unlikely that $PEPE or $SHIB will reach $1 anytime soon. Gains are more likely to be incremental rather than a monumental jump.