I think pepe and shib already in the same level right now. But if we talked about comunity and value i can say SHIB has far better than pepe. I don't think pepe can reach or take over SHIB in market capitalization.
It is clear that SHIB is still above PEPE and this is likely to continue,
SHIB has a big community and it's the same with Doge,
we'll see how far PEPE can continue to grow.