A widely followed crypto trader believes that one red-hot altcoin is set up to outperform other large-cap memecoins.<\/p>\n
Pseudonymous crypto analyst Altcoin Sherpa tells<\/a> his 216,200 followers on the social media platform X that memecoin Pepe (PEPE<\/a>) has more upside potential based on buyer demand and trading volume.<\/p>\n \u201cIf you\u2019re looking for a big cap meme to long, I think PEPE is a good one. Good liquidity, strong volume, this one definitely catches up to the others a bit in my opinion. Not saying it\u2019ll flip DOGE or anything but should go up more relatively. Long in the green boxes.\u201d<\/em><\/p>\n Pepe was trading at $0.0000011 on February 19th and is trading for $0.00001383 at time of writing, a gain of 1,157%.<\/p>\n Next up, the trader believes<\/a> Ethereum (ETH<\/a>) is heading past its all-time high (ATH) of around $5,000 if a spot ETH exchange-traded fund (ETF) is approved.<\/p>\n However, he warns ETH may retrace once it crosses $4,000, before continuing higher.<\/p>\n \u201cETH: I think we pullback briefly around $4,000 but this certainly breaks all-time highs if\/when ETF gets approved. This still seems like a free trade for ETH going to ATH, which is at $5,000. Could be some bumps along the way but it seems inevitable.\u201d<\/em><\/p>\n Ethereum is trading for $3,811 at time of writing, up about 1% in the last 24 hours.<\/p>\n The trader also believes<\/a> that ETH against Bitcoin (BTC<\/a>) may have reached a market bottom at 0.049 BTC ($3,333) and could outperform the crypto king in the short term.<\/p>\n \u201cETH: is this the bottom? Hard to really say. We\u2019ve been cucked for so long on this that it\u2019s hard to call it. I think that it\u2019s probably safest for most to just buy this on the way up versus trying to knife catch. ETH should outperform BTC, eventually (for a short period).\u201d<\/em><\/p>\n ETH\/BTC is trading for 0.056 ($3,811) at time of writing, up 4.77% in the last 24 hours.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A widely followed crypto trader believes that one red-hot altcoin is set up to outperform other large-cap memecoins. Pseudonymous crypto analyst Altcoin Sherpa tells his 216,200 followers on the social media platform X that memecoin Pepe (PEPE) has more upside potential based on buyer demand and trading volume. \u201cIf you\u2019re looking for a big cap […]<\/p>\n","protected":false},"author":2,"featured_media":112915,"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-308342","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\/308342","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=308342"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/308342\/revisions"}],"predecessor-version":[{"id":308347,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/308342\/revisions\/308347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/112915"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=308342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=308342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=308342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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