Shiba Inu Risks Losing Meme Coin Ranking to Pepe

The rivalry between Shiba Inu and Pepe is intensifying as the battle for the second-biggest meme coin position ￰0￱ Inu has long held the spot behind Dogecoin, but its dominance is increasingly under threat. Pepe’s recent market movements have brought it within striking distance of overtaking its ￰1￱ data now highlights how quickly momentum can shift in the volatile meme coin ￰2￱ Inu Faces Pressure from Pepe’s Growth Since the beginning of 2022, Shiba Inu has been the second-largest meme ￰3￱ most recent statistics, however, reveal that it has lost a significant part of its lead over ￰4￱ Nakamoto, the proponent of meme coins, has stated , according to the statistics of CompareMarketCap, that Pepe was just 1.69x behind Shiba Inu in the market ￰5￱ figures showed Pepe trading at $0.000010 with a valuation of $4.51 billion, compared to Shiba Inu’s $0.000012 price and $7.62 billion market ￰6￱ on these numbers, analysts said Pepe needed a 69% surge to overtake Shiba Inu and become the second-biggest meme ￰7￱ a move would place Pepe’s price around $0.000018, narrowing the gap in ranking further.