One trader who is known to make timely predictions about the crypto markets believes that a memecoin on the rise will more than double in value.
Hsaka, a pseudonymous social media analyst who has 554,600 Twitter followers told them on X last week that he believed memecoins based around frogs (PEPEShiba Inu, its main rival in terms of market value will soon be dethroned.SHIB).
PEPE was then the 28th largest crypto market cap.
Ethereum has been around since then.ETH(based memecoin) has seen a surge of about 71% within a few days. Hsaka shared another chart that shows PEPE is now ahead of six other crypto-assets in the market capital rankings.
“Update: the climb to the top continues.”
Hsaka, a fellow analyst Kaleo and others are also bullish on PEPE. Kaleo is a colleague analyst. tells 640.600 of his followers, on social media platform X, believe that PEPE can make huge gains in the current bull market based upon the performances of SHIB (and Dogecoin).DOGE( ) Last cycle.
“PEPE is only at a $6 billion market cap. DOGE hit a max market cap of $75 billion last cycle, and SHIB hit nearly $50 billion. I think it’s safe to say there’s still plenty of upside for the frog.”
PEPE’s value is $0.0000152 as of the writing. This represents an approximately 7% increase in just 24 hours.
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