#pepe能不能拿
Explore the latest trends in meme coins like PEPE and POPCAT, their growth potential and expert analysis of their market movements
Will the price of PEPE rise?
A well-known analyst known for his altcoin expertise recently noted that the upward trajectory of memecoin Pepe (PEPE) is encouraging. Bluntz, a well-known figure on social media, predicts a significant five-wave rally for PEPE. His insights are based on the Elliott Wave Theory, which incorporates the ABC correction. According to Bluntz, the ABC correction in PEPE prices appears to have ended, setting the stage for a possible rise to $0.0000145.
PEPE is currently trading at $0.00001255, down 1.8% in the past 24 hours. Despite the slight decline, its market capitalization remains strong at $5.3 billion, making it the third-largest meme coin by market capitalization. However, its 24-hour trading volume fell by 29.5% and currently stands at $736 million.
What is the current status of POPCAT?
Bluntz also provided analytical perspective on Popcat (POPCAT), a meme coin based on the Solana (SOL) blockchain. According to his analysis, POPCAT experienced a similar correction pattern and showed signs of a strong recovery. Bluntz noted that POPCAT has shown a sizable rebound from its lows, suggesting that the ABC correction phase may be over.
Bluntz noted that compared to another meme coin, WIF, POPCAT is currently trending similarly to what WIF was doing before it surged in March. As of now, the price of POPCAT is $0.4653, up slightly by 0.5% in the past 24 hours.
Provide investors with concrete insights
For investors considering these forecasts, here are some actionable guidelines:
Keep an eye on PEPE’s market movement, as a move towards $0.0000145 is possible.
Watch POPCAT's price performance, especially its rebound patterns, for investment opportunities utilizing Elliott Wave Theory as a way to evaluate meme coin price trends.
Stay informed about market cap and trading volume for better investing insights.
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