$PEPE vs $DOGE
There are some striking similarities between PEPE in 2023 & DOGE in 2020. Even the market caps were the same.
PEPE has been trading like a leveraged ETH ETF since the initial parabola earlier this year. Every time ETH pumps, PEPE pumps more. Every time $ETH ETH dumps, PEPE dumps more; true beta.
Since it is my opinion that ETH is beginning its vertical ascent, it's possible that PEPE is the meme coin of choice for ETH this cycle.
I am aggressively accumulating.