Analyst Bullish on Memecoins PEPE and POPCAT, Predicts Impending Rallies

Frogs and Cats: Crypto Analyst Predicts Surge for Pepe and Popcat

Crypto analyst Bluntz Capital has projected significant gains for Pepe, citing its recent ABC corrective move. This pattern often precedes a five-wave surge.

Pepe: Rally on the Horizon

Despite a recent 20% dip, Pepe is poised for a rally, according to Bluntz Capital. Its $0.00001249 price reflects a 1% decline over the past 24 hours. The token's market cap stands at $5.25 billion, making it the third-largest among meme coins.

Bluntz Capital's analysis relies on Elliot Wave theory, which predicts long-term price patterns based on investor sentiment.

Popcat: Soaring to New Heights

Popcat, the Solana-based meme coin, has experienced a remarkable 7,000% surge this year. Its current price of $0.5733 gives it a market cap of $561 million. Bluntz Capital believes Popcat's rally has yet to reach its peak.

HODLing and Whales

Despite market volatility, analysts advise Pepe holders to remain patient. They note that periods of sideways trading and consolidation often precede price breakouts.

Whale activity has also been significant. One Pepe whale recently deposited over 700 billion tokens on Binance, indicating potential investor shakeout.

Strong Performers

Pepe has been one of the strongest performers this year, with an 860% gain year-to-date. Popcat's performance has been even more impressive, with a 7,000% surge.