š±šFamous analyst compared this meme coin to the rise of Bitcoin!šøš
A cryptocurrency trader known for his careful predictions on social media states that an Ethereum (ETH)-based memecoin is preparing for a serious rise. The analyst, who shares under the pseudonym Bluntz, announced that he will announce $PEPE to his radar.
Bluntz, who examined #PEPE 's two-hour charts, shared that he came across a similar view to the price movements of Bitcoin (BTC) in January 2023, when it bottomed out and traded around $ 16,000. The analyst thinks that this similarity is striking and that PEPE may catch a similar upward trend.
I examined PEPE this morning and felt a deja vu like I had experienced this situation before. At that time, BTC was trading at $ 16,000 levels. "
Bitcoin, which bottomed in January of last year, rose to its all-time high of 73,737 in March of this year. However, it represents an increase of more than 360 percent in about 15 months. At the time of writing, Bitcoin is trading at $63,850, while PEPE is valued at $0.0000094.
These memecoins could stand out!
Bluntz also mentioned a few memecoins that are predicted to rise faster than other altcoins that are making waves in the market.
Memecoins will still outperform everything else on the way up.
The easiest strategy is to pick some frogs, dogs, and cats$cat, $popcat, $pepe, $wif, $floki ā Bluntz (@Bluntz_Capital) August 23, 2024 I think memecoins will outperform all other assets on the way up. The easiest strategy is to pick some frogs, dogs, and cats: CAT, POPCAT, PEPE, WIF, FLOKI.ā
