The competition among meme coins is once again grabbing the spotlight, with crypto analyst Max making bold predictions about the price performance of Dogecoin (DOGE) and Pepe (PEPE) in the current bull cycle. Max has identified which meme coins are likely to dominate the market and which ones are worth holding for potential profits.
In a post on X, Max compared the performance of Dogecoin and Pepe, two of the most popular meme coins in the market. Drawing from past market trends and price movements, Max forecasted that Pepe is poised to outperform Dogecoin in the current bull market. He categorized meme coins as “Alpha” and “Beta” based on their market performance and popularity, with Pepe identified as the Beta coin in this scenario.
Max pointed out that in the previous bull cycle, Shiba Inu (Beta) had surpassed Dogecoin (Alpha) in terms of performance and gains, signaling the peak of the bull cycle and potential overheating of the market. While it is normal for a Beta coin to outperform an Alpha coin temporarily, significant outperformance could indicate an upcoming collapse.
According to Max, if Pepe outperforms Dogecoin in the current bull cycle, it could be a sign that the bull market is approaching its end, prompting investors to consider exiting the market to avoid potential losses. However, until that point, both Dogecoin and Pepe are expected to rise together, presenting opportunities for investors to profit. Max emphasized the importance of monitoring Pepe’s relative performance to Dogecoin as the bull market progresses.
Another crypto analyst, Jameson, shared his predictions for Pepe and Shiba Inu, foreseeing significant price increases for both meme coins. Jameson highlighted Coinbase’s recent listing of Pepe and SHIB as a bullish catalyst for these tokens. He projected a 942.7% surge for Pepe, from its current price of $0.00002 to $0.00019, and a similar increase for Shiba Inu to reach its previous all-time high of around $0.00008.
While Jameson is optimistic about the price surges for Pepe and SHIB, he noted that these bullish moves will take time to fully materialize. Overall, the rivalry among meme coins continues to attract attention, with analysts like Max and Jameson offering insights into potential market trends and opportunities for investors.