Analyst Forecasts SHIB-Like Run for PEPE Over the Next 12 Months

Crypto analyst Pepe on Fire has sparked renewed discussion around the meme coin PEPE after publishing a bullish outlook that compares its potential trajectory to Shiba Inu’s explosive 2021 rally. The analyst suggests PEPE could add multiple zeros in gains over the next year if historical patterns repeat.

Analyst Draws Comparison to Shiba Inu’s 2021 Breakout

In a recent post, Pepe on Fire said he expects PEPE to follow a similar path to Shiba Inu during its breakout year, stating that the token could move into a “four zeros and eight zones” price structure over the next 12 months.

While no explicit price target was given, the framing implies a multi-fold upside scenario driven by speculative momentum, meme-coin cycles, and technical expansion phases that have historically defined major meme rallies.

Chart Analysis Highlights Key Fibonacci Levels

The chart accompanying the post, sourced from TradingView, shows PEPE priced against USDT on a long-term timeframe with multiple Fibonacci retracement and extension levels marked.

Several important technical zones stand out:

• Accumulation and Base Formation:
  The lower Fibonacci levels, including the 0.382 and 0.618 retracements, appear to have acted as historical support zones. Price action in these areas suggests prior accumulation phases where downside momentum slowed.
• Expansion Targets Above Current Price:
  Higher Fibonacci extensions, particularly the 1.0, 1.36, and 1.618 levels, are highlighted as potential upside targets. These zones align with previous market cycle behavior where meme coins experienced rapid vertical moves once key resistance levels were cleared.
• Projected Uptrend Path:
  A dashed upward trend line on the chart indicates a gradual climb into 2026, while a large upward arrow points toward the upper Fibonacci bands, visually reinforcing the analyst’s bullish thesis.

Volatility Remains Central to the Thesis

The chart also reflects sharp historical price swings, underscoring that any SHIB-like move would likely involve extreme volatility rather than a smooth advance.

The presence of large red and green candles in prior cycles highlights the speculative nature of meme-coin rallies, where sentiment shifts can rapidly accelerate or reverse price action.

Meme Coin Cycles and Market Psychology

Pepe on Fire’s comparison relies heavily on the idea that meme coins tend to move in cycles, often lagging broader market rallies before entering explosive phases driven by retail interest, social momentum, and liquidity inflows.

Shiba Inu’s 2021 rally is frequently cited as a benchmark for this type of behavior, and the analyst suggests PEPE may be approaching a similar structural setup if market conditions align.

Speculation, Not Certainty

While the outlook has attracted attention, it remains a speculative forecast rather than a guaranteed outcome. Meme coins are especially sensitive to shifts in sentiment, liquidity, and broader market trends, and past performance does not ensure future results.

Still, the analysis reflects growing optimism among PEPE supporters that the token could be positioning itself for a significant move over the next year, if history, hype, and technical structure converge.