A closely followed crypto strategist is turning very bullish on memecoins in the current market cycle.<\/p>\n
Pseudonymous analyst Altcoin Sherpa tells<\/a> his 215,600 followers on the social media platform X that retail traders could send memecoins soaring.<\/p>\n \u201cHighly bullish on memes this cycle though for a lot of reasons. New retail wants to get rich quick, they\u2019re going to enter the casino with us. Adapt or continue to underperform.\u201d <\/em><\/p>\n The analyst also reveals his top memecoin picks starting with large market cap projects: Dogecoin (DOGE<\/a>), Shiba Inu (SHIB<\/a>), Pepe (PEPE<\/a>), Bonk (BONK<\/a>) and dogwifhat (WIF<\/a>).<\/p>\n The analyst\u2019s top mid-cap memecoin picks include\u00a0Brett (BRETT<\/a>), Joe Boden (BODEN<\/a>), Popcat (POPCAT<\/a>), Coq Inu (COQ<\/a>) and Myro (MYRO<\/a>).<\/p>\n The analyst also says<\/a> that BONK is likely to continue<\/a> to outperform another Solana (SOL<\/a>) based memecoin, WIF.<\/p>\n \u201cWIF: Bonk and WIF take turns leading as the Solana meme leader. It looks like eyes are mostly on BONK at the moment and I expect there to be a leader\/lagger relationship similar to DOGE\/SHIB. For now, I expect WIF to do decently as long as BONK is strong, but probably better to just long the leader aka BONK\u2026<\/em><\/p>\n BONK looks strong, expecting WIF to also do well as long as BTC holds up. Probably wouldn\u2019t buy here though given the previous price action.\u201d<\/em><\/p>\n BONK is trading for $0.00002825 at time of writing, up nearly 12.5% in the last 24 hours. Meanwhile, WIF is trading for $3.20 at time of writing, down more than 1% on the day.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: DALLE3<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A closely followed crypto strategist is turning very bullish on memecoins in the current market cycle. Pseudonymous analyst Altcoin Sherpa tells his 215,600 followers on the social media platform X that retail traders could send memecoins soaring. \u201cHighly bullish on memes this cycle though for a lot of reasons. New retail wants to get rich […]<\/p>\n","protected":false},"author":2,"featured_media":290481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-290452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/290452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=290452"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/290452\/revisions"}],"predecessor-version":[{"id":290487,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/290452\/revisions\/290487"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/290481"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=290452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=290452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=290452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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