Pepe is currently trading around $0.0000075, down roughly 19% over the past week, as it consolidates following an early-week rebound. Its trading range has narrowed between $0.0000095 and $0.0000115, indicating a cooling-off phase while traders await new momentum.
In comparison, Shiba Inu (SHIB) is hovering near $0.0000107, showing a similar pattern of low volatility and cautious sentiment after last week’s broader market pullback. SHIB has declined about 13% this week.
While SHIB’s ecosystem continues to grow gradually through the Shibarium network, adoption has been slower than the hype surrounding the project had suggested.
Much of PEPE’s price movement is fueled by its highly engaged social media community, which continues to post memes and drive on-chain activity around the project.
Over the past month, PEPE has strengthened relative to SHIB. However, SHIB still holds advantages with higher liquidity and a more established base, reflected in its market cap of over $6 billion—more than double PEPE’s $3 billion.
Upside Outlook
Analysts note that if PEPE breaks above $0.0000122, it could rally toward $0.0000135–$0.0000145. Its smaller market cap allows for faster price swings, potentially generating rapid gains compared with larger meme tokens like SHIB. Social analytics platform LunarCrush reports that PEPE mentions on social media have risen 16% week-over-week, totaling 23,652 mentions versus SHIB’s 6,699 daily mentions. Sustained attention could allow PEPE to briefly capture the spotlight as traders rotate capital between meme coins.
PEPE needs to reclaim the $0.0000082–$0.0000085 range to restore momentum. Failing that, the coin could slide toward $0.0000065 or lower. A break below the $0.0000095 support zone would increase the likelihood of a retracement. Meme coin rallies are notoriously volatile, often driven by sentiment and speculation, with steep corrections following sharp surges. Recent activity shows whales shorting PEPE ahead of Federal Reserve Chair Jerome Powell’s upcoming speech, adding further downside risk.
SHIB benefits from a larger, more stable user base and ongoing token burns, giving it an edge in maintaining price floors. In contrast, PEPE remains highly sensitive to shifts in sentiment and speculative selling. Broader market risks, including Bitcoin volatility, could also weigh on both tokens.
PEPE Price Outlook
Currently, PEPE is trading in a range between $0.0000070 and $0.0000085. A break above resistance could open the way to $0.0000090–$0.0000098, with potential for an extended move toward $0.0000105 if momentum picks up. Conversely, a drop below support could see PEPE fall to $0.0000065—or even $0.0000060—if selling pressure intensifies and trading volume continues to decline.
Overall, the short-term PEPE price outlook is neutral to cautiously bullish. The coin is showing renewed activity, but whether it can truly steal SHIB’s spotlight will depend on the durability of retail enthusiasm and the broader meme market’s appetite for risk.
