$PEPE or $SHIB: Which coin could reach $1 first?
As of now, both PEPE and SHIB (Shiba Inu) are meme coins, and their prices are both below $1. Predicting which coin could reach $1 first is extremely speculative and depends on many factors, including market trends, investor sentiment, and the overall state of the cryptocurrency market.
Here are some points to consider:
• Shiba Inu ($SHIB
• SHIB has a larger community and a stronger presence compared to PEPE. It has also seen significant growth in the past and has various initiatives like the ShibaSwap exchange and the Shiba Inu metaverse.
• However, it has an extremely high total supply (over 500 million), which makes reaching $1 more difficult unless its market capitalization increases to millions, which would require significant global adoption and notable market shifts.
• PEPE is newer and less established than SHIB, but meme coins can sometimes experience rapid price increases due to viral trends or hype on social media.
• Like SHIB, PEPE also has an excessive supply, and it needs huge demand and investor interest to push it towards $1.
Conclusion:
For any coin to reach $1, it will require a significant increase in demand, a sharp reduction in supply (through burning, for instance), and broader acceptance. While SHIB has a larger community and better infrastructure, both coins need extraordinary growth in their respective ecosystems to reach $1, making this very speculative.
📌 In summary, both PEPE and SHIB are unlikely to reach $1 anytime soon, and it is highly probable that any profits will be gradual increases rather than a massive leap.
