{"id":332074,"date":"2024-06-27T05:38:30","date_gmt":"2024-06-27T00:08:30","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=332074"},"modified":"2024-06-27T05:43:12","modified_gmt":"2024-06-27T00:13:12","slug":"analyst-flips-bullish-on-pepe-and-one-other-memecoin-says-memes-and-another-sector-will-lead-crypto-narratives-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/analyst-flips-bullish-on-pepe-and-one-other-memecoin-says-memes-and-another-sector-will-lead-crypto-narratives-crypto-news\/","title":{"rendered":"Analyst Flips Bullish on PEPE and One Other Memecoin, Says Memes and Another Sector Will Lead Crypto Narratives &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A top analyst known for making timely altcoin calls believes that Pepe (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/pepe\/\">PEPE<\/a>) and another fellow memecoin are primed for massive rallies.<\/p>\n<p>Pseudonymous analyst Bluntz tells his 263,500 followers on social media platform X that PEPE looks ready to ignite a five-wave surge.<\/p>\n<p>Bluntz relies on the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave rally after completing an ABC correction.<\/p>\n<p>The analyst shares a chart showing that PEPE has already completed an ABC corrective move and is ready for a rally en route to $0.0000145.<\/p>\n<p><em>\u201cLiking PEPE here, can see a nice five-wave rise and ABC back down done.<\/em><\/p>\n<p><em>One of the few alts to actually not get smoked and make new lows.\u201d\u00a0<\/em><\/p>\n<figure style=\"width: 1118px\" class=\"wp-caption aligncenter\"><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1805351116882014646\">Bluntz\/X<\/a><\/figcaption><\/figure>\n<p>At time of writing, PEPE is worth $0.00001286.<\/p>\n<p>Looking at Popcat (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/popcat\/\">POPCAT<\/a>), the analyst thinks the Solana (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/popcat\/\">SOL<\/a>)-based memecoin is also done correcting.<\/p>\n<p><em>\u201cPOPCAT coming in hot with a turbo strong bounce form the lows.<\/em><\/p>\n<p><em>Clear five-waves up on daily and big f**k off ABC back down now looking done and complete.<\/em><\/p>\n<p><em>I\u2019m starting to think memes are back baby.\u201d\u00a0<\/em><\/p>\n<figure style=\"width: 1106px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GQ3uu8wbwAIu-wn?format=jpg&amp;name=medium\" alt=\"Image\" width=\"1106\" height=\"935\" \/><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1805361617540088037\">Bluntz\/X<\/a><\/figcaption><\/figure>\n<p>Bluntz highlights that POPCAT appears to be mirroring the market structure of memecoin dogwifhat (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/dogwifcoin\/\">WIF<\/a>) before launching a rally to all-time highs in March.<\/p>\n<p><em>\u201cPOPCAT fractal for fun.<\/em><\/p>\n<p><em>Where have I seen this structure before?\u201d\u00a0<\/em><\/p>\n<figure style=\"width: 715px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/pbs.twimg.com\/media\/GQ4R4vxbwAM16q0?format=png&amp;name=900x900\" alt=\"Image\" width=\"715\" height=\"590\" \/><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1805400301840875736\">Bluntz\/X<\/a><\/figcaption><\/figure>\n<p>At time of writing, POPCAT is trading for $0.486, up over 12% in the past day.<\/p>\n<p>The top analyst also believes that memecoins and artificial intelligence (AI) will continue to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1805415138205499774\">capture<\/a> the attention of crypto traders.<\/p>\n<p><em>\u201cMemes and AI will continue to be the two top leading narratives in my opinion. Pick your fighters wisely.\u201d\u00a0<\/em><\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">X<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A top analyst known for making timely altcoin calls believes that Pepe (PEPE) and another fellow memecoin are primed for massive rallies. Pseudonymous analyst Bluntz tells his 263,500 followers on social media platform X that PEPE looks ready to ignite a five-wave surge. Bluntz relies on the Elliott Wave theory, which states that a bullish [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":332077,"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-332074","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\/332074","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=332074"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/332074\/revisions"}],"predecessor-version":[{"id":332078,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/332074\/revisions\/332078"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/332077"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=332074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=332074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=332074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}