$PEPE vs. $WIF - Why the frog has more believers than the hatted dog - AMBCrypto Analytics

Pepe [PEPE] and Dogwifhat [WIF] are the third and fourth largest memecoins by market cap, with PEPE at $10.2B and WIF at $2.8B. While PEPE has outperformed WIF, the latter has more room to grow, suggesting potential for future gains.

Despite the Bitcoin [BTC] market's struggles, PEPE continues to lead, surpassing its previous highs after a retracement to the 78.6% level. With strong community conviction and an upward OBV trend, PEPE looks poised to reach targets at $0.00003 and $0.0000438 in the coming months.

On the other hand, WIF faced rejection at its all-time high of $4.87 in mid-November, although its OBV and RSI indicate bullish potential. WIF’s market position suggests it could catch up during the latter part of Bitcoin's bull run.

However, WIF's lack of recent strength raises questions about its conviction. Without surpassing $4, WIF may struggle to match PEPE’s momentum. Yet, during bull markets, patience can be rewarded—quick gains can follow extended losses.

For now, PEPE leads, but WIF’s potential remains a key factor to watch.