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Analysts Predict Explosive Growth Ahead for Popular Memecoin PEPE

Analysts Predict Explosive Growth Ahead for Popular Memecoin PEPE

A trader in crypto, famously known for his exact market predictions anticipates an impressive growth for the top memecoin Pepe (PEPE).

Hsaka, a crypto expert, shared with his social media followers that he believes Pepe could double its valuation and surpass its competitor Shiba Inu. Currently, PEPE is positioned as the 19th largest cryptocurrency in terms of market cap.

After the prediction of Hsaka, Pepe recorded a phenomenal rally increasing by about 71% within a short period of time. In the most recent chart produced by Hsaka, Pepe has outperformed six other coins on the market cap ranking list.

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Kaleo, another popular crypto analyst, was also optimistic about Pepe just like Hsaka. To him Pepe could likely do what SHIB and DOGE did in their previous market cycles.

Pepe now stands at a $6 billion valuation, but according to the analyst there is already significant potential for this shift as he makes reference to DOGE ‘s peaking market cap in the range of $75 billion and SHIB’s record of around $50 billion in the last cycle.

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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