As the meme coin wars heat up again in 2025, one question is starting to dominate crypto Twitter: Can PEPE flip Shiba Inu this year?
It’s not as crazy as it sounds.
Right now, PEPE’s market cap is sitting at around $5.1 billion, while SHIB holds a slight lead at $7.7 billion. Price-wise, they’re neck-and-neck too: PEPE is trading at $0.000012, and SHIB at $0.000013. But when you zoom out and look at the bigger picture, PEPE has been showing much stronger momentum.
Community Is King… But Price Action Tells a Different Story
Both Shiba Inu and PEPE have some of the strongest communities in all of crypto. SHIB holders are known for their loyalty and long-term belief in the ecosystem, especially after major milestones like Shibarium (its Layer 2 chain) and regular token burns.
But PEPE – somehow, someway – has become the breakout meme coin of the last two years. And the price charts back that up.
— Pepe (@pepecoineth) July 9, 2025
On the yearly timeframe, Shiba Inu is actually down 18%, while PEPE is up over 40%. That’s not a small gap. It shows that while SHIB has been trying to stabilize after its early 2021 mania, PEPE has been actively growing, both in price and in community size.
Every major pump cycle in the past 12 months seems to feature PEPE at the top of the trending tokens list. And unlike SHIB, PEPE has had more consistent bursts of activity – without relying on constant updates or new roadmaps.
Read also: How Much Could Shiba Inu (SHIB) Price Be Worth by 2035 and 2040?
So… Can PEPE Flip SHIB in 2025?
We asked GPT to analyze the data and give a prediction based on historical performance, market trends, and current sentiment.
Here’s what it said:
“Given current price levels, market cap trends, and relative community momentum, there is a 64% probability that PEPE could overtake Shiba Inu in market capitalization at some point in 2025, especially during a strong altcoin rally.”
A 64% chance. That’s not guaranteed, but it’s definitely possible.
And here’s why the odds might actually be higher than they look:
- PEPE has a smaller supply and less price inertia.
- It’s cheaper to move PEPE up in market cap compared to SHIB, which already feels “heavy” to many traders.
- SHIB needs big ecosystem plays (like Shibarium) to generate momentum, while PEPE often pumps just on meme power alone.
If we do get a true meme coin season later this year – and the broader market keeps up its bullish energy – don’t be surprised if PEPE takes the top meme crown, even if just for a while.
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