Trader Says Two Memecoins Primed To Surge ‘Much Higher’ Over the Coming Months, Maps Path Forward for Render
A widely followed crypto analyst believes two meme coins have massive upside potential in the coming months. Pseudonymous crypto trader Altcoin Sherpa tells his 216,400 followers on the social media platform X that he is bullish on both Pepe (PEPE) and PepeCoin (PEPECOIN). However, he warns the meme coins may first retest lower levels. “Both of these probably pullback in the short term but I’m still of the belief that they will both be much higher in the coming months. I have both.” Source: Altcoin Sherpa/X Looking at the trader’s daily chart, he suggests Pepe could retest the support level at $0.00001084. Pepe is trading for $0.00001506 at time of writing, up nearly 5% in the last 24 hours. As for PepeCoin, Altcoin Sherpa shares a chart suggesting that the meme token is poised for a leg down after respecting resistance at $5.50. Source: Altcoin Sherpa/X PepeCoin is trading for $5.31 at time of writing, down nearly 3% on the day. Th...