PEPE has been heating up again in 2025, and the big question making rounds lately is: what happens if PEPE flips Shiba Inu in market cap? It might sound far-fetched to some, but if you’ve been watching the meme coin space for any length of time, you know nothing is off the table when the community is hyped and the momentum is rolling.
Right now, PEPE is trading at $0.00001182 with a market cap of about $4.97 billion. Shiba Inu, on the other hand, is sitting at $0.00001282 with a market cap of $7.55 billion. So, while PEPE’s price is slightly lower, the bigger gap is in the overall market valuation. To flip SHIB, PEPE would need to add roughly $2.6 billion in market cap — not a small task, but not impossible either in a meme-driven bull cycle.
So what would PEPE’s price be if it reached Shiba Inu’s current market cap?
Let’s break it down.
If PEPE hit a $7.55 billion market cap (the same as SHIB today), its price would rise proportionally. With PEPE’s current supply, that would bring the price to around $0.00001794. That’s about a 52% jump from where it’s trading now. And that’s just to match SHIB’s current valuation. If SHIB continues to climb, PEPE would have to push even higher to flip it.
This month, $PEPE is going to flip $SHIB.
— Z𝐀Z𝐀 🐸 (@Zaza0x) May 8, 2025
Mark my words. pic.twitter.com/NwP6ofan5N
The idea of PEPE catching SHIB isn’t new. PEPE has already surprised the market multiple times with its parabolic rallies. And when the meme coin season kicks off, social buzz and raw momentum can push valuations to levels nobody expected. Traders have seen this happen with DOGE, SHIB, FLOKI, and now PEPE is knocking on that same door.
But keep in mind — meme coins are a game of narrative and timing. For PEPE to actually flip SHIB, it would likely need a perfect storm. That means Bitcoin and Ethereum would probably need to continue trending higher, meme coin hype would have to stay strong, and PEPE’s community would need to keep the pressure on across social channels and exchanges.
Also, if you’re wondering where PEPE could go beyond that, you might want to check out this deeper dive on its potential: Here’s When PEPE Price Could Reach $0.00001 or Explode to $0.0001. It covers scenarios for both the bulls and the cautious holders.
For now, one thing’s clear — PEPE flipping SHIB isn’t just a meme anymore. It’s a real number game, and the gap is closing. Whether it happens this cycle or not depends on how loud the frogs get and how long the hype train lasts. But with each pump, that $0.00001794 price target comes a little closer.
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