A well-known cryptocurrency analyst, Bluntz, has compared the potential rise of the Ethereum-based memecoin $PEPE to Bitcoin's surge. Bluntz noted that $PEPE's chart patterns are reminiscent of Bitcoin's movements when it was trading around $16,000 in January 2023, suggesting a similar upward trend could occur. Bitcoin's price then surged to a peak of $73,737 by March 2024, marking a 360% increase in about 15 months. Currently, Bitcoin is at $63,850, while $PEPE is priced at $0.0000094. Bluntz also highlighted several memecoins that might rise faster than other altcoins, recommending a focus on assets like $CAT, $POPCAT, $PEPE, $WIF, and $FLOKI.
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