PEPE Vs FLOKI: Who Will Hit $0.001 First?

PEPE vs. FLOKI: A Comparative Analysis

After a sustained price rally, Pepe Coin has garnered significant attention despite the market's semi-bullish conditions. However, concerns linger about the token's potential for continued growth, given its previous collapse after a substantial peak.

PEPE Price Analysis

Pepe Coin has been the standout performer of May, propelled by its uninterrupted surge in recent days. The meme coin has descended from its newly established all-time high of $0.00001535, marking its second major peak of the month. Its bullish momentum suggests the potential for further gains. Currently trading at $0.00001436 with a market capitalization of $6.02B, PEPE ranks among the top 20 cryptocurrencies on CoinmarketCap. Notably, it has also achieved the seventh highest trading volume, at $4.06B.

Despite its initial low value, PEPE has consistently made significant gains, albeit with periods of volatility. Within a year of its launch, it surged to a new ATH record, tripling its previous peak. A similar pattern is currently unfolding, with PEPE poised for another potential breakout.

FLOKI Inu Price Analysis

FLOKI Inu, a popular dog-themed meme coin, maintains its position as the third most popular in the market. At the time of writing, FLOKI trades at $0.0002166, having recovered by 10% this month. The meme coin is attempting a resurgence after falling to a low of $0.0001695 earlier in May. With a market capitalization of $2 billion and a trading volume of $580 million, FLOKI ranks 53rd.

Unlike PEPE, FLOKI is currently not experiencing its best performance. It peaked at an all-time high of $0.0003437 three years ago, but has since struggled to reach those levels. In March 2024, FLOKI made an attempt to reclaim its ATH but faltered after reaching a high of $0.0002964. Nevertheless, FLOKI remains within 35% of its ATH, leaving room for potential growth.

Who Will Reach $0.001 First: PEPE or FLOKI?

Since its launch in 2021, FLOKI has experienced a remarkable 5,936% increase in value. In contrast, PEPE has increased by 24,597% within a year, indicating a higher profit potential. However, it is important to note that FLOKI has already surpassed the $0.001 mark and is closer to reaching the target than Pepe Coin.

Both meme coins enjoy considerable popularity among crypto investors, as evidenced by their price histories. However, FLOKI exhibits greater stability compared to PEPE. Additionally, Pepe Coin has a massive total supply of 420 trillion, while FLOKI's supply stands at 9 trillion.

Based on current market conditions, it is more likely that Pepe Coin will reach $0.001 first. However, should a bull market materialize, FLOKI has the potential to overtake PEPE in this race.