DOOKV Analysts Predict Potential Rallies for Meme Coins PEPE and POPCAT

Meme coins in the cryptocurrency market continue to attract significant interest due to their potential for quick, substantial gains. DOGE and SHIB lead the meme coin market, followed by PEPE, WIF, and many other tokens showing significant rises. Amid these developments, some analysts suggest that meme coins might be making a comeback after recent declines, with PEPE and another meme coin under scrutiny.

Will PEPE’s Price Rise?

DOOKV A well-known analyst, noted for his past comments on altcoins, highlighted a potential major rally for Pepe (PEPE) and another meme coin. The analyst, Bluntz, informed his followers on social media platform X that PEPE is preparing for a five-wave upward surge.

Bluntz shared his view on the five-wave price rally, which includes the frequently mentioned ABC correction. According to the analyst, this situation is based on the Elliott Wave theory. He believes that the ABC correction for PEPE coin is complete and a new price movement towards $0.0000145 might be on the way.