Pepe

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<ul class="news-points"> 
 <li>Miles Deutscher predicts PEPE will outperform DOGE in the next bull cycle.</li> 
 <li>Deutscher noted that fewer PEPE holders are underwater compared to DOGE holders.</li> 
 <li>PEPE has more multiples to reach its previous all-time high (ATH) compared to DOGE.</li> 
</ul> 
<a href="https://coinedition.com/tag/pepe-pepe/">PEPE</a> will outperform DOGE in the next bull cycle, predicts Miles Deutscher, a renowned cryptocurrency analyst. In a Twitter post, Deutscher highlighted the reasons behind his prediction. 
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 I think <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$PEPE</a> outperforms <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$DOGE</a> next cycle. Why? • The Underwater Thesis: Less PEPE holders underwater vs DOGE, meaning less sell pressure on the way up + lower multiples to reach previous ATH (2.8x vs 12x). • People are more fatigued with the DOGE meme, Pepe feels fresher…— Miles Deutscher (@milesdeutscher) <a href="https://twitter.com/milesdeutscher/status/1672041695071059969?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 23, 2023</a>
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Deutscher’s first reason for supporting PEPE to outperform DOGE in the next cycle is what he called “The Underwater Thesis.” He noted fewer PEPE holders are “underwater” compared to DOGE holders. By that, he means the number of PEPE holders whose investments are currently negative is fewer than DOGE holders. That implies there will be less selling pressure for PEPE compared with DOGE when the rally begin…
The post <a rel="nofollow" href="https://coinedition.com/crypto-analyst-pepe-will-outperform-doge-in-next-bull-cycle/">Crypto Analyst: PEPE Will Outperform DOGE in Next Bull Cycle</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Crypto Analyst: PEPE Will Outperform DOGE in Next Bull Cycle

Coin Edition

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