The memecoin race is once again gaining a lot of attention. Cryptocurrency analyst Max at X (formerly Twitter) predicts that Dogecoin (DOGE) and Pepe (PEPE) are expected to see significant price increases in the current bull run. Max has identified which popular memecoins have the potential to dominate the market and points out which ones are worth keeping an eye on for potentially lucrative profits.
Pepe may surpass Dogecoin and become the winner of this bull run
In Max’s X post, he compared the performance of Dogecoin and Pepe, both of which are among the most popular meme coins on the market. Based on past market trends and price movements, Max predicts that Pepe is likely to outperform Dogecoin in this bull market.
Max also revealed that he divided these meme coins into two categories, "Alpha" and "Beta", based on their market performance. Alpha coins usually refer to strong and popular coins, while Beta coins may be those emerging but promising coins. He shared the price charts of Dogecoin and Pepe, analyzed their market trends, and predicted their future performance.
Max mentioned that in the last bull market cycle, Shiba Inucoin (a Beta coin) performed stronger than Dogecoin (an Alpha coin) and had a larger increase, which usually indicates that the bull market has reached its peak and the market may be overheated.
Based on this trend, Max believes that in the current bull market cycle, Dogecoin is still the Alpha coin, while Pepe is the Beta coin. Analysts believe that Pepe's performance may "surpass" Dogecoin and become the strongest meme coin in this bull market.
Max also warned that if Pepe continues to outperform Dogecoin, it could mean the bull run is coming to an end, and investors may need to consider exiting the market to avoid potential losses. However, before that, he believes that both meme coins still have a lot of room to rise, and investors can continue to hold Dogecoin or Pepe to enjoy the potential gains of this bull run. At the same time, Max emphasized that it is very important to pay attention to the relative performance of Pepe (Beta) and Dogecoin (Alpha) as the bull run progresses.
Analysts expect Pepe to rise 942%
In another post by X, cryptocurrency analyst Jameson is also optimistic about the future of Pepe and Shiba Inu, predicting that the prices of both coins will rise sharply this year. Jameson believes that Coinbase’s recent listing of Pepe and SHIB could be a catalyst for the rise of these two meme coins.
He showed a price chart predicting the increase of Pepe and Shiba Inu. Jameson believes that Pepe's price may increase by about 942.7% from the current $0.00002 to $0.00019; at the same time, Shiba Inu's price may also increase by 942.7% to return to its historical high of around $0.00008.
While Jameson is confident about the gains for Pepe and SHIB, he also noted that these gains will take some time to materialize and investors should be patient.