PEPE Surges 27% in a Week – Is a SHIB Flip Imminent?
The meme coin circus rolls on as PEPE posts explosive gains—leaving traders wondering if Shiba Inu’s throne is next to topple.
Green candles eat red
A 27% weekly pump defies the usual crypto volatility, proving even joke assets can have serious momentum. Market watchers now eye PEPE’s chart like over-caffeinated detectives hunting the next breakout.
Dog coin dominance in peril?
SHIB’s long reign as the top meme contender faces its first real threat since 2021. Traders whisper about ‘flippenings’ while veterans chuckle—remembering when ‘fundamentals’ mattered before the meme economy took over.
Whether this is organic growth or just another hype cycle, one thing’s clear: Wall Street still doesn’t get why a frog token outperforms their precious ETFs.
PEPE on the Run
The frog-themed meme coin has followed the overall rally of the cryptocurrency market in the past several days. Just a few hours ago, it spiked to $0.00001307, which represents a 27% weekly increase.
PEPE’s market capitalization currently stands at around $5.5 billion, making it the 34th-largest cryptocurrency and the third-biggest in the meme coin sector.
Some analysts believe the asset’s bull run is only starting. The X user Max thinks Pepe “is about to begin flying,” adding that “conviction has never been higher than right now.”
$Pepe is about to begin flying. Conviction has never been higher than right now.
This is exactly the same set up at Feb/March of 2024 except this time we have ETHBTC as a tailwind instead of a headwind.
Look closely at my chart lines & their annotations. Same exact set up. https://t.co/bCVTezE32I pic.twitter.com/GdYigrUrFy
— Max (@MaxBecauseBTC) July 15, 2025
The popular analyst, using the X moniker Nebraskangooner, also touched upon the meme coin, noting the formation of an “inverse head and shoulders” structure on its price chart. This is considered a bullish technical pattern that indicates additional gains in the short term.
Jake Gagain described PEPE as the SHIB of this bull cycle. In his view, the most significant advantages of the frog-themed meme coin include its listing on most leading crypto exchanges and the sporadic support from Elon Musk. Gagain went even further, claiming that shiba inu has already had its “major run up,” predicting that PEPE could flip it in the near future. Currently, the gap between the two is less than $3 billion.
The Indicators
Less than a week ago, one whale identified as 0x06b3 purchased 227.8 billion PEPE tokens for approximately $2.7 million. Such actions are closely monitored by smaller players who could also decide to enter the ecosystem and distribute fresh capital. Accumulation from whales is bullish for another reason: it leaves fewer tokens available on the open market, which could propel a price pump (assuming demand doesn’t head south).
However, some metrics should be viewed by investors as warning signs. PEPE’s Relative Strength Index (RSI) has neared the bearish zone of 70, indicating that the price has risen too rapidly in a short period.
Readings above that zone typically suggest that the asset is overbought and may be headed for a short-term pullback, while anything below 30 is considered bullish territory.
