Delphi Digital newsletter writer and crypto analyst @cryptunez boldly predicted that Pepe’s price will continue to rise until it overtakes the Shiba Inu as the second largest meme coin.
With a market cap below $1 billion today – nearly $750 million was frozen following the latest round of Binance FUD withdrawals – his Paypay price forecast comes after a 65% correction from its current peak.
Pepe Price Prediction – Current Chart
To topple the Shiba Inu in market capitalization, the most prevalent crypto token on the Siba market cap would now need to trade 7 times its value – which has dropped a significant percentage of its value over the past month, now standing at just $5 billion. Less than market cap.
Alternatively the Shiba Inu price and market cap could continue to decline – branded by @cryptunez’An overpriced, fake DOGE clone that claims to fake utility – not only the most valuable asset in crypto, but the most valuable asset in the world,
Kryptunez’ Shiba Inu Price Prediction
After trading crypto since 2017 and building up 154,000 followers, Tunez tweeted on May 9:
His Shiba Inu price prediction is that it is worth more because of its’.main selling pointhaving a low token price that appeals less to retail investors searching for the next bitcoin – or next dogecoin – Also applies to Pepe Coin.
Pepe’s maximum supply of 420 trillion also gives it an enticing low price – currently below $0.000002 per coin, after reaching a high of $0.000004 the day Binance announced they would be listing Pepe (PEPE). It still has a low market cap, if The Next Crypto Bull Run is around the corner.
‘$SHIB is a dinosaur meme coin that has lost its appeal and core differentiator in this hyper-competitive market of attention. The only story left is that it is overvalued garbage going straight to zero.
dogecoin price prediction
While he didn’t make any specific Dogecoin price predictions, he appears to be neutral on the Elon Musk favorite and thinks DOGE will be around, saying ‘If you want to buy Dogecoin, you buy DOGE, While the appeal of the low market cap, high supply coin he believes now firmly belongs to PEPE, not SHIB coin – as ‘money is made‘ in $SHIB.
The Shiba Inu price has been in a bearish trend since its all-time high in October 2021, when it hit a market capitalization high of over $40 billion, firmly within the top 10 cryptos – which Dogecoin is still in. It is ranked 8th with a market cap of $10 billion.
Tunage says’The Impact Of $PEPE On Crypto Cannot Be Underestimated‘, and that’$PEPE is expected to topple $SHIB within 1 year‘, so before 2025. The next bitcoin halving is predicted to happen in April 2024, which could also be a bullish catalyst for the markets.
read our latest pepe coin price prediction post here,
Best Meme Coin Picks of 2023
We’ve also put together a top list of the dozen best meme coins, updated for the newcomer this month $sponge It became the number one ‘hot pair’ on DEXTools, and two Mem Coin presales are set to launch in 2023.
