Cryptocurrency expert Andrew Kang Offering a bullish case for meme cash, together with essentially the most important ones, e.g. Dogecoin (DOGE) and Shiba Inu (SHIB). He stated such crypto tokens might be among the many greatest winners from an anticipated year-end rally.
Meme cash nonetheless have extra room to run
Kang talked about in X (previously Twitter) postal That Meme Coin In all probability accounts for a lot of the cash which have an opportunity to hit new highs. He added that market individuals have to be very selective as there are a whole bunch of meme cash. Kang gave a bullish outlook on meme cash whereas saying he believes 98% of altcoins Already reached the summit this cycle Solely a handful of cash are more likely to hit new highs by the top of the yr.
Kang believes that Dogecoin might be one of many cash that might attain new highs by the top of this yr or early subsequent yr. He went on to assert that an important meme coin might be one of many crypto tokens of his ETF. Not too long ago, he mention With regulatory readability coming, the “odds for the DOGE ETF” are trying brighter than ever.
On the identical time, in line with the evaluation of various cryptocurrency analysts, Dogecoin may hit new highs within the later levels of this bull market. Cryptocurrency Analyst Crypto Kaleo assertive Dogecoin will surpass Bitcoin on this market cycle. He makes this assertion as a result of he believes it’s a meme super loop And “The king of memes gained’t be left behind.”
Cryptocurrency analyst Kevin (previously OG Yomi) has the same view, mention Dogecoin has the potential to surpass any features made by the flagship cryptocurrency this yr. on the identical time, Cryptocurrency Analyst Altcoin Sherpa Dogecoin can be predicted to see huge motion later this yr. He added that Dogecoin is without doubt one of the “most secure bets” anybody could make throughout this cycle.
Others will not be excluded
Cryptocurrency analysts are additionally bullish on different high meme cash, together with Shiba Inuand FLOKI. analysts like Javon Marks Already predicted The second largest meme coin Throughout this market cycle, it’s going to nonetheless fall again to zero and rise to highs of $0.0001553 in market capitalization phrases.
Not too long ago, cryptocurrency analyst Capt Toblerone expected Shiba Inu might hit a brand new all-time excessive (ATH) as early as September, when he predicts the meme coin’s subsequent parabolic uptrend primarily based on Elliott Wave Idea evaluation.
In the meantime, cryptocurrency analyst Timeless Crypto has made a bullish name for FLOKI as he expected Meme cash might rise considerably by the top of the yr. He made this prediction whereas revealing that the majority of his Meme coin spot packages are in FLOKI.
Featured picture created utilizing Dall.E, chart from Tradingview.com
