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Crypto Analyst Says He’s Highly Bullish on Memecoins This Cycle – Here Are His Top Picks
A closely followed crypto strategist is turning very bullish on memecoins in the current market cycle. Pseudonymous analyst Altcoin Sherpa tells his 215,600 followers on the social media platform X that retail traders could send memecoins soaring. “Highly bullish on memes this cycle though for a lot of reasons. New retail wants to get rich […]
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Will Dogecoin skyrocket 7 months after the Bitcoin halving again?
The top memecoins are far from previous highs, yet retail investors may view them as fairer opportunities than VC-backed coins with high fully diluted valuations.
While Dogecoin (DOGE) price fell during the past month, historical data indicates that it could start its rally to new all-time highs around seven months after the Bitcoin halving.
Dogecoin price is down nearly 8% on the daily chart and over 18% over the past month, but remains in line with the previous cycle’s price action, suggesting that it could be on track toward new all-time highs.
During the previous crypto bull market, Dogecoin started rallying in May 2020, or seven months after the 2020 Bitcoin halving, according to TradingView.
Here’s How a Memecoin Trader Multiplied $8,524 Into Over $12,800,000 in Just Weeks: On-Chain Data
One savvy memecoin trader is attracting attention for having turned $8,524 into $12,800,000 within weeks. According to blockchain tracking firm Lookonchain, one trader is looking at massive profits after buying and selling memecoin Pepe (PEPE). “jwynn.eth (@JamesWynnReal) spent $8,524 to buy 2.83 trillion PEPE in the early stage and sold 1.81 trillion PEPE for $4.57 […]
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Bitcoin To Send the Whole Crypto Market Flying Once BTC Breaks Out Above This Level, Predicts Top Analyst
A widely followed crypto analyst is expressing bullish sentiment on Bitcoin (BTC) days after the halving took place. The analyst, pseudonymously known as Bluntz tells his 257,100 followers on the social media platform X that Bitcoin is preparing to break out according to price action on the two-hour chart. Based on the pseudonymous analyst’s chart, […]
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Crypto Trader Says Solana Rival Forming Decent Trade Setup, Updates Outlook on Pepe, Ethena and Celestia
A widely followed crypto strategist says one Solana (SOL) rival may be gearing up for a breakout. Pseudonymous analyst Altcoin Sherpa tells his 215,200 followers on the social media platform X that layer-one blockchain Sei (SEI) may reverse to the upside after retesting a key level. “Coins like SEI are at pivotal areas. 200-day exponential […]
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Crypto Trader Says Solana Rival Forming Decent Trade Setup, Updates Outlook on Pepe, Ethena and Celestia
A widely followed crypto analyst and trader is expressing bullish sentiment on a Solana (SOL) competitor while offering his forecast on three altcoins. Starting with Sei (SEI), the analyst pseudonymously known as Altcoin Sherpa tells his 215,200 followers on the social media platform X that the native token of the layer-1 blockchain “could be a […]
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Slumping Memecoin Pepe Could Witness Nearly 50% Collapse, Warns Crypto Trader
A popular crypto trader says that a slumping memecoin could witness a colossal move to the downside after violating a key support level. Crypto analyst Ali Martinez tells his 57,700 followers on the social media platform X that the frog-themed meme asset Pepe (PEPE) is “preparing for its next move” amid its recent price woes. […]
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Crypto Trader Says He Is ‘Super Bullish’ on One Top-10 Altcoin, Updates Outlook on Bitcoin and Pepe
A widely followed trader says that he is bullish on the leading memecoin Dogecoin (DOGE) despite the marketwide correction. The trader pseudonymously known as Sherpa tells his 214,200 followers on the social media platform X that he intends to accumulate Dogecoin. “DOGE: The play in my opinion is just to buy down to $0.15 and […]
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Market Cap of Memecoins Hit $56,000,000,000 in Q1 As Demand Soared to Highest Level Since 2021: IntoTheBlock
New data from market intelligence platform IntoTheBlock reveals that the market cap of memecoins has hit its highest level since 2021. In a new article, IntoTheBlock’s head of research, Lucas Outumuro, says that the aggregate value of meme assets has nearly tripled in Q1 of 2024 to $56 billion. “Demand for memecoins hit the highest […]
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