PEPE Price Is Flashing the Same Signals Shiba Inu Did Before Its Explosive Run

Momentum has a habit of repeating itself in crypto, especially inside the meme coin sector. Recent movements around Pepe (PEPE) are starting to resemble those of traders who experienced the Shiba Inu surge during the last cycle. Price action, technical indicators, and social traction are lining up in a way that feels less random and more structured than the usual meme coin noise. Market watchers are beginning to compare this phase to earlier moments when capital rotated aggressively into top-tier meme assets, pushing valuations far beyond what many expected at the time.

• Why James Wynn Believes PEPE Could Lead The Meme Coin Rotation
• Daily PEPE Price Indicators Are Leaning Bullish
• Weekly PEPE Price Chart Still Signals Caution Despite Strength

Why James Wynn Believes PEPE Could Lead The Meme Coin Rotation Crypto analyst James Wynn has been vocal about PEPE’s positioning if the broader bull market still has room to run. His thesis centers on capital rotation rather than hype alone.

If this bull market is not over, which I do not think it is, there is a high likelihood in my mind we see $PEPE at the forefront of memes leading the way as money flows into T1 memes, and proper fundamental altcoins.

This is side by side comparison between $SHIB and PEPE, if… pic.twitter.com/TRW0cn4pNk

— James Wynn (@JamesWynnReal) January 1, 2026

According to James Wynn, meme coins tend to benefit late in bull cycles when liquidity becomes more speculative. Shiba Inu offered a clear example last cycle, moving from roughly $3.5bn to $41bn in under 1 month. Wynn argues that PEPE is now sitting in a similar structural position, with stronger social metrics and wider brand visibility than SHIB had at a comparable stage. James Wynn also highlights how exchanges increasingly use PEPE imagery in promotional content to boost engagement and sign ups. That visibility, combined with deep liquidity, places PEPE in what he describes as the T1 meme category. While DOGE previously reached about $88bn in market value, Wynn believes PEPE could realistically target $69bn if conditions align. His view is not framed as certainty but as probability if the current market cycle continues to mature. Daily PEPE Price Indicators Are Leaning Bullish Short-term technical signals are beginning to support the optimism. The daily chart summary on Investing.com has already flipped into a buy signal, suggesting growing buyer activity rather than exhaustion. Below is a snapshot of the daily indicator readings.

Name

Value

Action

RSI(14)

66.089

Momentum remains strong with buying pressure still dominant

STOCH(9,6)

40.559

Short term cooling suggests brief pauses rather than trend reversal

MACD(12,26)

0

Momentum balance shows no clear dominance yet

ADX(14)

37.611

Trend strength supports continuation rather than chop

Ultimate Oscillator

64.041

Buying pressure outweighs selling across timeframes

ROC

24.088

Positive rate of change confirms upward momentum

Taken together, these daily readings point toward strength with mild areas of consolidation. Buying pressure appears more consistent than speculative spikes, which often fade quickly in meme assets. Weekly PEPE Price Chart Still Signals Caution Despite Strength Longer timeframes tell a more cautious story. Weekly indicators reflect broader market context and tend to lag daily enthusiasm. Current weekly readings suggest that PEPE price has not fully transitioned into a confirmed long-term bullish phase yet. The table below reflects the weekly chart readings.

Name

Value

Action

RSI(14)

40.149

Weak momentum shows sellers still active on higher timeframe

STOCH(9,6)

22.313

Oversold conditions hint at potential stabilization rather than immediate upside

MACD(12,26)

0

Momentum remains undecided on the macro view

ADX(14)

54.711

Strong trend strength favors continuation of existing pressure

ROC

-44.805

Negative rate of change highlights recent downside dominance

Weekly data leans heavily toward sell signals, reinforcing the idea that PEPE price still needs confirmation from sustained demand and broader market support. James Wynn has acknowledged this disconnect, noting that meme coins often show explosive moves on lower timeframes before weekly charts fully flip bullish. Read Also: Why Kaspa (KAS) Keeps Getting Compared to Bitcoin (And Why That Matters) Daily indicators show growing strength and renewed interest, while weekly signals urge patience rather than blind conviction. James Wynn’s comparison to Shiba Inu highlights what could happen if liquidity rotates aggressively into top meme assets once again. Short-term momentum suggests opportunity, while longer-term charts remind observers that market cycles rarely move in straight lines.