Experts Provide Insights on Meme Coins and Bitcoin Trends
Crypto analyst Miles offers valuable advice for investors seeking profitable opportunities in the market. Currently, Bitcoin (BTC) is hovering around $98,900, facing resistance to sustain a six-figure value. This raises questions about the potential for alternative cryptocurrencies (altcoins) to surge over the weekend.
Top Meme Coin: PEPE Coin
Despite not being the largest meme coin by market cap, PEPE Coin has gained significant traction, being listed on major exchanges like Binance. Miles believes it has considerable potential as the leading meme coin on the Ethereum network:
"If $ETH is expected to trend upwards in the coming weeks, $PEPE could be a logical bet.
Leading memecoin on Ethereum.
Traded on Coinbase/Robinhood/Binance.
Intersects with the meme narrative.
Chart outlook is promising."
Bitcoin and TON Coin Commentary
Analyst Ali Charts identifies similarities between two historical cycles that could indicate when Bitcoin (BTC) might reach all-time highs:
"Coincidence or is #Bitcoin functioning this way?
In the last two cycles, it took 1,065 days from market bottom to peak and 1,430 days from one market bottom to the next. If this pattern repeats, $BTC could reach its peak in October 2025!"
Meanwhile, TON Coin is gaining attention as an altcoin with potential. Carl notes a symmetrical triangle on the hourly chart, indicating a target price of $7.55 post-breakout.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice.