According to CryptoPotato, Pepe Coin (PEPE) has performed strongly recently, with a market value of more than $1.2 billion, making it a leader in the Meme coin market. The market value of PEPE coin has surpassed BONK (market value of approximately $1.4 billion) and challenged Shiba Inu, which has a market value of more than $8 billion. The AI ​​chatbot ChatGPT analysis believes that it is not impossible for PEPE coin to surpass Shiba Inu's market value in 2024, but multiple conditions need to be met, the most important of which is to expand the user base and community support. In addition, partnerships with well-known brands or other cryptocurrency projects may also bring price increases to this frog-themed token. Other influencing factors include market sentiment, the implementation of innovative technologies, positive news reports, regulatory developments, etc.