Veteran trader HsakaTrades predicts that Pepe ($PEPE ) will surpass Shiba Inu ($SHIB ) in market capitalization, becoming the new memecoin leader.
**Current Ranking of Memecoins:**
- **PEPE**: Ranked 27th on CoinGecko, PEPE is on the rise.
- **SHIB**: Currently 13th, SHIB is the second largest memecoin behind Dogecoin.
**PEPE screening:**
To match SHIB's market cap, PEPE must increase by 221.8% to approximately $0.00003582. Currently at $0.00001113 with a capitalization of $4.69 billion, PEPE is still far from SHIB's 15.05 billion.
**PEPE performance:**
- **May 14, 2024**: PEPE reaches an all-time high of $0.000010.
- **Gains Multiplied by 11**: Demonstrating explosive potential.
**PEPE Growth Potential:**
With only 170,000 holders, PEPE has significant room for growth compared to the millions of holders of Dogecoin and Shiba Inu.
**SHIB reaction:**
Analyst Javon Marks predicts that SHIB could reach $0.00015, forming a bull flag pattern.
**The Battle of the Memecoins:**
PEPE and SHIB prepare for an electrifying showdown. Will PEPE become the new champion of memecoins? Stay tuned to find out!
