Pseudonymous trader TheFlowHorse tells his 200,300 followers on the social media platform X that altcoins will likely soon soar from their market bottom in a mean reversion.

Apseudonymous
cryptotrader with a large following on social media is predicting that
altcoins will soon surge after a significant correction. The trader, known as TheFlowHorse, has over 200,000 followers on the platform X. He recently told his followers that
altcoins will likely rebound from their market bottom in a mean reversion. “Putting
Bitcoin aside, some of these
alts are going to bounce so hard off just normal mean reversion. Might need to put together a shopping list but still feeling kind of apathetic about trading until at least July.” The analyst is also suggesting that Pepe (PEPE) will outshine other
memecoins, including dogwifhat (WIF). “
Memecoins aren’t dead, but I don’t know if you want to reference WIF as the representative pair or horse to bet on. [WIF is] down against Solana from SOL all-time high (ATH), underperforming BTC from BTC ATH, underperforming both from original April lows, underperforming from the last highs. The most fit horse is PEPE.” PEPE is valued at $0.00001272 at the time of writing, showcasing a 20% surge in the last 24 hours. However, the analyst suggests that WIF is likely bottoming out and might not reach the $1 level. “Feelings aside, I still prefer being a buyer here rather than a seller. Getting $1 fills would be poetic but probably isn’t happening.” WIF is valued at $2 at the time of writing, with an early 19% surge in the last 24 hours.
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