Shiba

Pepe

Dogecoin

Shiba Inu

Coin

<p>PEPE), the crypto asset inspired by the iconic internet meme Pepe the Frog, continues its vertical trajectory – advancing over 600% in the past month alone. However, with greed metrics flashing signs of unsustainable upside velocity, analysts urge caution around potential sharp pullbacks interrupting the frenzy. Still, evidence suggests more room to run exists before exhaustion sets in.</p> 
<h2 class="wp-block-heading" id="pepe-follows-dogecoin-and-shiba-inu-cycles">Pepe Follows Dogecoin and Shiba Inu Cycles</h2> 
<p>Veteran analyst <strong>Max</strong>, CEO of crypto fund BecauseBitcoin which holds a PEPE position,<a href="https://twitter.com/MaxBecauseBTC/status/1764334141263229316" target="_blank" rel="noreferrer noopener nofollow"> compares</a> current price action to previous meme coin speculative manias with Dogecoin (DOGE) and Shiba Inu (SHIB) during past market cycles.</p> 
<p>Max spots some similarities in how both Doge and Shiba underwent parabolic advances that eventually climaxed with a final blow-off top, but not before a “pit stop” consolidation phase marked a brief pause before their culminating spikes.</p> 
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<p><strong>“Notice how both Doge &amp; Shib took a pit stop (purple dots) before their global tops?” </strong>Max tweeted.<strong> “I’m now keeping an eye out for our purple dot region. It is probably much higher than here, so enjoy the ride until it comes.”</strong></p> 
<p>This analytical framework suggests PEPE maintains fuel to propel even higher, but prudent traders should prepare for short-term choppiness that ultimately gives way to continuation.</p>  
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   Explosion in Meme Coin Market; How to find potential successors to $BONK, $PEPE, and $WIF?
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    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>NuggetRush</strong></a> today! This pioneering memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
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<h2 class="wp-block-heading" id="individual-pepe-investor-reaps-over-14-million-in-gains">Individual PEPE Investor Reaps Over $14 Million In Gains</h2> 
<p>Underscoring the <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="memecoin" data-wpil-keyword-link="linked" target="_blank">memecoin</a> capital rotation narrative, analyst <strong>Borovik</strong> spotlights how one single wallet purchased just $27 worth of PEPE and has now worth over $14 million for an almost inconceivable return.</p> 
<p><strong>“The $27 PEPE wallet is now worth $14,309,760, 0.013 ETH to OVER 4,100 ETH,”</strong> Borovik <a href="https://twitter.com/3orovik/status/1764390962275532847?s=46" target="_blank" rel="noreferrer noopener nofollow">observes</a>. As stories like this permeate social discourse, virality entices new speculators to chase quick riches – creating self-fulfilling buying pressure.</p> 
<p>However, such vertical advances foreshadow subsequent crashes once the last buyers capitulate. Hence conservative plans limit upside risk exposure despite positive momentum.</p> 
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<h2 class="wp-block-heading" id="daily-rsi-screams-overbought-at-92">Daily RSI Screams Overbought At 92</h2> 
<p>For Pepe Coin, the daily chart RSI stands at a lofty 91.71. Typically, an RSI above 70 indicates that an asset might be overbought, suggesting that it is trading higher than its intrinsic value and might be due for a correction.</p> 
<p>An RSI nearing 92 is exceptionally high, pointing towards a significant overextension in the market. While this does not guarantee an immediate pullback, it signals traders to exercise caution, as the asset may be entering a zone where the risk of a downturn increases.</p> 
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<p>Over various time frames, the coin has consistently outperformed, with increases of 3.7% in the last hour, 62.9% over 24 hours, 376.1% over the past week, 447.2% in the last two weeks, and a 606.6% over the past month. These figures not only reflect the coin’s current bullish momentum but also hint at the growing investor interest and speculative trading driving its ascent.</p> 
<p>So in summary, while crypto meme summer reruns should afford speculators ample volatility to generate outsized returns, preparing for almost inevitable blow-off tops and drawdowns gives investors confidence to maximize opportunities however the trends play out – rather than panic once gravity returns.</p> 
<p>You may also be interested in:</p> 
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 <li><a href="https://captainaltcoin.com/meme-coin-wave-lifts-pepe-to-new-heights-price-up-over-300-but-heres-the-catch/" target="_blank" rel="noreferrer noopener">Meme Coin Wave Lifts PEPE to New Heights, Price up Over 300% – But Here’s the Catch</a></li> 
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<p>The post <a href="https://captainaltcoin.com/analyst-compares-pepes-600-surge-to-shiba-inu-shib-and-dogecoin-doge-warns-investors-to-keep-an-eye-on-this-region/">Analyst Compares PEPE’s 600% Surge to Shiba Inu (SHIB) and Dogecoin (DOGE): Warns Investors to Keep an Eye on This Region</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Analyst Compares PEPE’s 600% Surge to Shiba Inu (SHIB) and Dogecoin (DOGE): Warns Investors to Keep an Eye on This Region

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