After Dogecoin, Shiba Inu and Pepe Coin are the top contenders in the meme currency segment in 2024. The two cryptocurrencies command a larger-than-life fan following with a huge community presence on social media. They have the backing of more than a million investors who are rooting for the success of SHIB and PEPE tokens. The support comes after SHIB and PEPE delivered life-changing gains to early investors during the token’s inception days.
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Which Cryptocurrency Will Reach $0.01? Shiba Inu or Pepe Coin
Shiba Inu is trading around the $0.000017 level while Pepe Coin is hovering at the $0.0000095 price range. While SHIB is up 115% a year, Pepe Coin is up 470% during the same period. Both the tokens have delivered stellar returns in a year and doubled investor’s money. Since both the cryptocurrencies delivered positive returns, which among them will hit the $0.01 mark first?
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In this article, we will highlight which cryptocurrency could breach the 1-Cent mark first, will it be SHIB or Pepe Coin? Shiba Inu needs to rise 60,000% from its current price of $0.000017 to reach the $0.01 mark. On the other hand, Pepe Coin needs to spike 120,000% from its present price of $0.0000095 to hit the $0.01 milestone.
Therefore, SHIB is much closer to the $0.01 mark than Pepe Coin currently to reach the $0.01 mark. If the cryptocurrency market kick-starts a bull run, Shiba Inu and Pepe Coin could reach new highs. However, both cryptocurrencies tend to drop drastically after a dramatic price surge.
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This makes the possibility of both cryptocurrencies reaching the $0.01 milestone more difficult. The development makes Shiba Inu and Pepe Coin’s $0.01 tentative timeline head backward. Whether SHIB or Pepe Coin will reach $0.01 first, only time will tell.
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