Meme coins have always been driven more by hype than by fundamentals. Tokens like Shiba Inu ($SHIB ) and Pepe ($PEPE ) gained massive popularity during bullish market phases when speculation was at its peak. However, market conditions have changed, and there are strong reasons to believe these tokens may struggle to reach new all-time highs again.
Here are the Reason why they'll not make ATH again.
In 2024-2025 Crypto bull cycle the Market Cap. of crypto market reach above $4T but some of the major alt coin remain at there price didn't perform as they did in 2021 Bullrun. BTC Cap reach above $2T and alt cap also reach above $2T.
Now if you see the charts you'll find that the 2021 Bull run was a pump and Dump Scenario. whales where making pump crypto coin one by one.
If you'll compare the pump of Alt market cap of 2025 and the Shib market cap from 2021, the shib market cap in 2021 was nearly 12.5% of total market of 2025. The Shib Solo carried $260B in 2021.
Now the market cap shib has been drop to $3.5B while in 2021 it has reached out to $260B. currently it is 98.5% lower from the market cap of 2021.
To make an all time high again Shib has bring more than $260B again, that seems impossible now because there are variety of projects that are struggling to maintain $100B cap. So definitely MEME coin Like Shib and PEPE may not gain such Strength again.

Even after the heavy Burning Shib has been down to the low of 2021.

Similarly PEPE has market cap has been down nearly 90% from the top of 2024.

This is a Financial market everyone is here make money from money, you've to be stay wild and greedy in this market if you want to survive other someone else will cash out your money.
The market is now turned Professional you have to keep your immature feelings aside if you're planning to hold for long term make sure you pick the right gem. Now if you think that the 100$ investment in a meme will make you rich you'll end up losing 90$.
This are my personal opinion and Insights rest is your choice if you like this content don't forget to like comment and share.

