The rivalry between meme coins is taking center stage once again. Max, a cryptocurrency analyst on pepper (pepper) In the current Taurus cycle. The analyst has identified which popular meme coins are set to dominate the market and which ones are Worth holding for potential profits.
Pepe is outperforming Dogecoin in this bull market
In his country Share XMax drew parallels between Dogecoin and Pepe performancetwo of the most popular coins on the market. Based on past market trends and price movements, Max predicts that Pepe will likely outperform Dogecoin in this regard. Bull market.
Before diving into his analysis, the cryptocurrency analyst revealed that he categorized meme coins by their status, referring to them as “alpha” and “beta,” likely based on their strong market performance and popularity. A. also participated Pepe price chart And Dogecoin, highlighting market movements and Predicting future price movement.
Max revealed that in the previous Taurus cycle, Shiba Inu (Beta) outperformed Dogecoin (Alpha) in performance and gains. He revealed that this development represents the peak of the bullish cycle, indicating that the market has become overheated.
The analyst also revealed that it is normal for beta to exceed alpha for short periods. However, if the outperformance is very large, it may indicate an impending collapse.
In the current Taurus cycle, Dogecoin It is considered an alpha currency, while Pepe is defined as a beta currency. Following past market trends, the analyst expects Pepe to “flip Dogecoin” and become the best-performing meme coin in this bull cycle.
Max also suggested that if Pepe outperforms Dogecoin, it could indicate that the bull market may be coming to an end, indicating that it may be time to exit the market to avoid potential losses. However, until this point is reached, both coins are expected to rise together, meaning investors can hold Dogecoin or Pepe for potential gains during this bull cycle. Max also stressed the need to be careful Monitor Baby’s relative performance (Beta) to Dogecoin (Alpha) as the bull market continues.
The analyst expects a 940% rise in PEPE
In another mail On X, cryptocurrency analyst Jameson predicts significant price increases for Pepe and Shiba Inu this year. The analyst suggested that Coinbase’s recent listing of Pepe and SHIB on its platform could serve as a bullish catalyst for both. Meme coins.
He provided a price chart showing how much Pepe and Shiba Inu are expected to rise this cycle. Jameson expects Pepe to see a 942.7% increase from its current price of $0.00002 to $0.00019. On the other hand, Shiba Inu can also be increased by 942.7% to reach its previous all-time high of around $0.00008.
While he remains optimistic and confident about these rallies in Pepe and SHIB prices, Jameson acknowledged that these upward moves will take time to fully unfold.
Featured image created with Dall.E, chart from Tradingview.com