Pepe (PEPE) has been one of the best-performing crypto assets since the beginning of the year, with a year-to-date (YTD) gain of over 400%. This crypto analyst predicts that PEPE can continue this impressive run and become the largest meme coin by market cap,\u00a0ahead of Dogecoin and Shiba Inu.<\/p>\n
Crypto analyst and trader Murad mentioned in an X (formerly Twitter) post<\/a> that it is \u201cpossible that PEPE flips SHIB and possibly even DOGE.\u201d PEPE flipping these two meme coins will make it the largest meme coin by market cap, as they occupy the second and first positions, respectively.\u00a0<\/p>\n Murad further explained why he holds this belief, noting that PEPE is a \u201ccult community with 10,000,000+ unique memes that is [sic] perpetually relevant to modern culture.\u201d On the other hand, he claims Dogecoin is \u201cliterally just a single pic\u201d while Shiba Inu \u201chas zero memes to speak of.\u201d<\/p>\n From his explanation, the crypto analyst suggests that PEPE could appeal more to retail investors (especially non-crypto natives) than Dogecoin and Shiba Inu, especially with how widely-known \u2018Pepe the Frog\u2019 memes are. Therefore, this mainstream adoption could help the meme coin rise further and become the foremost meme token.\u00a0<\/p>\n Murad\u2019s post drew notable attention from the crypto community, with different members giving their opinions on his prediction. One X user (@sblockchaingod69) stated<\/a> that he believes PEPE could flip Shiba Inu but not Dogecoin because the latter is an \u201cog classic and the first ever meme coin.\u201d Meanwhile, some criticized<\/a> Murad\u2019s position, remarking that the number of memes a meme coin has doesn\u2019t equate to value.\u00a0\u00a0<\/p>\n PEPE is currently ranked as the third-largest meme coin by market cap, making it more feasible for the meme coin to come close or possibly flip Shiba Inu and Dogecoin. However, PEPE also risks dropping in the meme coin rankings, with Dogwifhat (WIF) closely behind. WIF already flipped PEPE this year and could again do so as the market recovers.\u00a0<\/p>\n Before now, crypto analyst Bluntz Capital had hinted that WIF would flip two meme coins (PEPE and Shiba Inu) and end up behind Dogecoin before the bull run was over. WIF has already shown its intention in this bull run, with a year-to-date gain of over 1.600%, outperforming PEPE and all other crypto tokens in the top 50 ranking by market cap.\u00a0<\/p>\n<\/span>PEPE\u2019s Could Also Be Dethroned<\/span><\/h2>\n