Analyst Predicts Pepe (PEPE) Could Outperform Other Meme Coins
- Bridget Hubbard
- July 24, 2023
- news
- 0 Comments
Prominent figure Miles Deutscher shares his bullish stance on meme coins SHIB, FLOKI, PEPE, and DOGE, ranking them based on their potential gains.
Key Points
- Deutscher sees Pepe (PEPE) as the top meme coin to watch, praising its well-timed entry and strong community support.
- Dogecoin (DOGE) faces sell pressure from investors looking to cut losses, making significant price increases challenging.
- FLOKI’s marketing and community backing make it promising, especially with Elon Musk’s tweets about his dog.
- Shiba Inu (SHIB) aims to expand its utility with a metaverse and blockchain development, but its high market cap may limit its performance.
Miles Deutscher from Crypto Banter shares his insights on meme coins and reveals his bullish stance on Shiba Inu (SHIB), FLOKI, Pepe (PEPE), and Dogecoin (DOGE) in a recent YouTube video. In his analysis, he ranks the meme coins based on their potential gains in the coming months.*
Miles Deutscher, a prominent figure in the crypto space and a contributor to Crypto Banter, has recently released a video analysis where he reveals his bullish stance on several meme coins. Among the meme coins that Deutscher is bullish on are Shiba Inu (SHIB), FLOKI, Pepe (PEPE), and Dogecoin (DOGE). According to Deutscher, these meme coins have the potential to deliver significant gains in the near future.
Reasons why PepeGains will surpass everything:
1. First deflationary Pepe token on ETH
2. Limited supply of 500M tokens🔒
3. Strong community support💪
4. Powerful marketing 📈
5. Listings incoming 📊
6. Burning 🔥Potential to outshine the competition! #Crypto #PepeGains https://t.co/Gsu7RsVt1Z
— Cryptobrothers (@Philipposcrypto) July 15, 2023
The Memecoin Analysis
In Deutscher’s analysis, he ranks Pepe (PEPE) as the meme coin to watch. He believes that the project’s team timed their entry into the market perfectly, and the meme coin has a strong and supportive community. Despite experiencing a significant price drop, PEPE still maintains a large number of holders, which Deutscher sees as a positive indicator of its potential.
Dogecoin (DOGE), the largest meme coin in terms of market capitalization, faces significant sell pressure as many of its current holders bought into the meme coin at much higher prices. Deutscher suggests that any increase in DOGE’s price may be seen as an opportunity by these investors to minimize their losses.
FLOKI, a meme coin that gained popularity due to its strong marketing campaign and community support, is also on Deutscher’s bullish list. However, he does not expect FLOKI to replicate its impressive performance from the previous bull cycle. Nevertheless, Deutscher predicts that every time Elon Musk posts a picture of his dog (named after the meme coin) on social media, FLOKI’s price will experience a pump.
SHIB investors have a lot to look forward to as the project aims to become more than just a meme coin by building its own ecosystem. The SHIB team is adding more utility to the project by developing a metaverse and a Layer-2 blockchain. However, Deutscher believes that SHIB may not be the best-performing meme coin due to its high market cap ranking.
Conclusion
It is essential to note that the views and opinions expressed by Deutscher in his analysis are published in good faith, and readers are encouraged to conduct their own research and due diligence. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss resulting from actions taken based on the information presented.
In conclusion, Miles Deutscher’s analysis highlights his bullish stance on meme coins such as SHIB, FLOKI, PEPE, and DOGE. He provides insights into the potential gains of these meme coins, taking into consideration factors such as community support, market cap ranking, and development plans. As always, readers are advised to further investigate and assess the information provided before making any investment decisions.
