This meme coin could be the best performer in 2024-2025 and not SHIB or DOGE (analyst)
TL; DR
The cryptocurrency market, particularly the location of meme coins, has seen significant growth as of late. Forecasts suggest that a particular meme coin may lead the next bull run, driven by strong investor loyalty.
The cryptocurrency market has been booming lately, with several leading digital assets (such as Bitcoin) touching new all-time highs. One particular area has attracted more attention, and that is the realm of meme coins.
Such tokens Shiba Inu (SHIB), Dogecoin (DOGE), dogwifhat (WIF), Floki Inu (FLOKI) and others have seen triple-digit price increases on a monthly basis.
According to popular trader Andrew Kang, the best performing frog theme during the potential bull run of 2024-2025 will be Pepe Coin (PEPE).
He recalled the 2020-2021 bull cycle for Dogecoin (DOGE), noting that its success may have been fueled by frequent announcements and support from Elon Musk. Kang urged the Tesla CEO to get involved with PEPE and thereby contribute to the rally.
The trader said that MemCoin is “very bullish from a holderbase point of view” since past FUD (Fear, Uncertainty and Doubt) events have left only investors with “diamond hands”.
“Insider FUD, Multisig dump, Pepe fork. The combined efforts of these events were the definition of bullish selling. A survivor doesn't really sell,” he concluded.
The frog-themed coin has certainly been among the crypto rock stars over the past several months. It appeared in the spring of 2023 and quickly turned into a sensation.
The property's impressive price performance has caught the eye of many industry participants Binance And Coinbase, with which it has allowed trading services.
PEPE price hit a high a few days ago, but is currently trading not far from the high. Its market capitalization has briefly crossed the $4 billion mark, standing at around $3.9 billion at the time of writing.
Feel free to watch our dedicated video below to learn more about the details of the token and how it's so popular.
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