PEPE: A Potential Contender for the Meme Coin Throne

PEPE：模因币王座的潜在竞争者

Since the year's inception, Pepe (PEPE) has emerged as one of the most impressive performers among crypto assets, boasting a remarkable year-to-date (YTD) gain exceeding 400%. A prominent crypto analyst predicts that PEPE's exceptional run may continue, propelling it to become the largest meme coin by market capitalization, surpassing Dogecoin and Shiba Inu.

自今年以来，Pepe (PEPE) 已成为加密资产中表现最令人印象深刻的股票之一，年初至今 (YTD) 的涨幅超过 400%。一位著名的加密货币分析师预测，PEPE 的出色表现可能会持续下去，推动其成为市值最大的模因币，超过狗狗币和柴犬。

PEPE's Potential to Overtake Dogecoin (DOGE) and Shiba Inu (SHIB)

PEPE 有超越狗狗币 (DOGE) 和柴犬 (SHIB) 的潜力

In a recent X (formerly Twitter) post, crypto analyst and trader Murad expressed his belief that "it is possible that PEPE flips SHIB and possibly even DOGE." Such a feat would elevate PEPE to the position of the largest meme coin by market cap, currently occupied by Dogecoin and Shiba Inu, respectively.

在最近的 X（前 Twitter）帖子中，加密货币分析师和交易员 Murad 表达了他的信念：“PEPE 有可能翻转 SHIB，甚至可能翻转 DOGE。”这一壮举将使 PEPE 成为市值最大的模因币，目前分别由狗狗币和柴犬占据。

Murad elaborated on his rationale, emphasizing PEPE's "cult community with 10,000,000+ unique memes that is [sic] perpetually relevant to modern culture." In contrast, he characterized Dogecoin as "literally just a single pic" and Shiba Inu as having "zero memes to speak of."

Murad 详细阐述了他的理由，强调 PEPE 的“邪教社区拥有 10,000,000 多个独特的模因，[原文如此]与现代文化永远相关。”相比之下，他将狗狗币描述为“实际上只是一张图片”，而柴犬则描述为“零模因可言”。

According to Murad's analysis, PEPE's appeal to retail investors (particularly non-crypto natives) may surpass that of Dogecoin and Shiba Inu, especially given the widespread recognition of 'Pepe the Frog' memes. This mainstream adoption could contribute to the meme coin's further ascent, potentially establishing it as the dominant meme token.

根据 Murad 的分析，PEPE 对散户投资者（尤其是非加密货币本地人）的吸引力可能会超过狗狗币和柴犬，特别是考虑到“佩佩青蛙”模因的广泛认可。这种主流采用可能有助于模因币的进一步崛起，有可能将其确立为占主导地位的模因代币。

Murad's prediction has garnered significant attention within the crypto community, eliciting diverse reactions. One X user (@sblockchaingod69) concurred that PEPE could overtake Shiba Inu but not Dogecoin, citing the latter's status as an "og classic and the first ever meme coin." Others, however, questioned Murad's position, arguing that the quantity of memes associated with a meme coin does not necessarily equate to value.

Murad 的预测在加密社区引起了广泛关注，引发了不同的反应。一位 X 用户 (@sblockchaingod69) 同意 PEPE 可以超越柴犬，但不能超越狗狗币，理由是后者是“经典和第一个模因币”。然而，其他人质疑穆拉德的立场，认为与模因币相关的模因数量并不一定等于价值。

Potential Challenges to PEPE's Dominance

PEPE 主导地位的潜在挑战

PEPE currently ranks as the third-largest meme coin by market cap, making it a viable contender to potentially challenge Shiba Inu and Dogecoin. However, it also faces the risk of being dethroned, with Dogwifhat (WIF) emerging as a close rival. WIF has already surpassed PEPE this year and could potentially do so again as the market recovers.

PEPE 目前是按市值计算的第三大模因币，使其成为挑战柴犬和狗狗币的有力竞争者。然而，它也面临着被赶下台的风险，Dogwifhat (WIF) 成为了强有力的竞争对手。 WIF 今年已经超过 PEPE，并且随着市场复苏，有可能再次超过 PEPE。

Earlier, crypto analyst Bluntz Capital suggested that WIF would overtake two meme coins (PEPE and Shiba Inu) and ultimately rank behind Dogecoin before the bull run concludes. WIF has demonstrated its resilience in this bull run, posting a year-to-date gain of over 1,600%, surpassing PEPE and all other crypto tokens among the top 50 by market cap.

早些时候，加密货币分析师 Bluntz Capital 表示，WIF 将超越两种 meme 币（PEPE 和 Shiba Inu），并最终在牛市结束之前排名落后于狗狗币。 WIF 在这次牛市中展现了其韧性，年初至今涨幅超过 1,600%，超过了 PEPE 和市值排名前 50 名的所有其他加密代币。

At the time of writing, PEPE is trading at approximately $0.000006979, having declined by over 8% in the past 24 hours, as per CoinMarketCap data.

根据 CoinMarketCap 数据，截至撰写本文时，PEPE 的交易价格约为 0.000006979 美元，在过去 24 小时内下跌了 8% 以上。

Price trending at $0.0000069 | Source: PEPEUSDT on Tradingview.com
Featured image from Decrypt, chart from Tradingview.com

价格趋势为 0.0000069 美元 |资料来源：Tradingview.com 上的 PEPEUSDT 精选图片来自 Decrypt，图表来自 Tradingview.com