Analyst hits Pepe's 50% rise and indicates the 3 best cryptocurrencies to buy with Ethereum's 10% rise
With the scenario of indecision for Bitcoin and the rise for Ethereum and altcoins, analyst Joel Frank, who corrected PEPE's recent 50% rise, indicated the 3 best cryptocurrencies to buy at this time.
First on the list is the memecoin Pepe (PEPE), which has jumped more than 50% in the last two days to new record highs above $0.000014. Currently at $0.00001375, its market capitalization is just under $5.8 billion, according to CoinMarketCap.
Pepe can go even higher. Traders appear to be piling into the token to bet on the growth of the Ethereum ecosystem. Pepe still has a long way to go to catch up to Dogecoin and Shiba Inu, and could quintuple from current levels in this bull market. This makes Pepe potentially the best cryptocurrency to buy right now."
Second on the list is Arbitrum ($ARB ) which, according to him, is trying to recover from a negative moment. ARB recently rose above $1.20 for the first time in a month and is also above its 21-day and 50-day moving averages.
Rounding out the list is Uniswap ($UNI ) which recently received a Wells warning from the SEC, and its outperformance may be related to hopes that the SEC will take a softer stance than initially feared following the move on Ethereum.
