von • The pseudonymous crypto analyst is of the opinion that the PEPE memecoin price won’t stop increasing until it surpasses that of Shiba Inu (SHIB).
• PEPE has already had impressive price gains with over a 90 percent increase within the last 24 hours.
• If PEPE overtakes SHIB, it will be the second largest memecoin after Dogecoin (DOGE) which currently sits at the top of the list.
Overview
This article discusses how PEPE memecoin is quickly gaining recognition in the cryptocurrency market and may soon overtake TRON (TRX), Shiba Inu (SHIB), and Litecoin (LTC). A pseudonymous crypto analyst believes that if PEPE overtakes SHIB, it will become the second largest memecoin after Dogecoin (DOGE). The article also looks at how PEPE has already had impressive price gains over a 90 percent increase within the last 24 hours.
PEPE Gaining Recognition
PEPE has been steadily gaining recognition as its listings on top cryptocurrency exchanges have helped it maintain a unique valuation over its older tokens in the industry today. Currently, TRX is trading at $0.07001 and LTC is at $81.36, while PEPE is trading at $0.000001888—a relatively highflyer compared to these other major coins.
Analysis from Crypto Analyst
A pseudonymous crypto analyst believes that if PEPE eventually surpasses SHIB, then it will become the second largest memecoin after DOGE which currently sits at the top of this list. According to him, “the main selling point of $SHIB has always been it’s high supply of 999T tokens…$PEPE with a supply of 420T tokens has a high enough supply to take SHIB’s place as *the* low price token…expect $PEPE to flip $SHIB within 1 year.“
Price Gains
Within just 24 hours, PEPE’s value has grown by an impressive 90 percent—which shows just how quickly this memecoin is ramping up for its next massive move in relation to other major coins like TRX or LTC in terms of market capitalization and overall value growth.
Conclusion
In conclusion, although there are still many unknowns when looking into what will happen between now and when/if PEPE eventually overtakes SHIB’s position on this list—it seems clear based on current trends that this coin could be one to watch out for in coming days as it continues its rapid rise towards greater success.
