A popular crypto strategist believes that memecoins will have their day under the sun after getting crushed over the last few months.
Popular crypto strategist Altcoin Sherpa is known for his insightful analysis and bold predictions in the volatile world of cryptocurrencies. With a substantial following of 244,300 on X (formerly Twitter), his observations carry weight in the crypto community.
Recently, Sherpa expressed his anticipation for a potential memecoin season, noting that such trends typically take center stage in phases.
“I feel like most memes got smashed overall but I think that they’ll eventually come back to some degree. Memes by nature are attention driven but I do think that some of the more ‘Lindy' ones will have a better chance.”
The trader is referring to the Lindy Effect, a concept suggesting that the longer something has survived, the longer it’s likely to keep surviving.
One asset on his radar is the Solana (SOL)-based token Bonk (BONK), which has seen massive price drops.
“You probably just go off ecosystem. When SOL is hot, coins like BONK are going to be decent bets (along with some others like Fartcoin and WIF and others). BONK being down 85% from highs to lows probably makes it an ok bet down here (I have a bag of it).”
Another memecoin on the trader’s roster is the Ethereum (ETH)-based token Pepe (PEPE).
“Feels like PEPE is also around a bottom, too.
PEPE obviously an ETH beta but it’s also a good one if BTC starts going wild in my opinion.”
Looking at the trader’s chart, he seems to predict that PEPE would either rally to a high of $0.015 or collapse to a new 2025 low of $0.0001.
At time of writing, PEPE is trading for $0.0007.
The post Crypto Strategist Predicts Memecoins to "Have Their Day" After Recent Rout - Bonk (BONK) and Pepe (PEPE) Could Lead Surge appeared first on The Daily Hodl.
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