Coq Inu

Sherpa

Shiba Inu

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 <p>A closely followed crypto strategist is turning very bullish on memecoins in the current market cycle.</p>
 <p>Pseudonymous analyst Altcoin Sherpa tells his 215,600 followers on the social media platform X that retail traders could send memecoins soaring.</p>
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 <p><em>“Highly bullish on memes this cycle though for a lot of reasons. New retail wants to get rich quick, they’re going to enter the casino with us. Adapt or continue to underperform.” </em></p>
 <p>The analyst also reveals his top memecoin picks starting with large market cap projects: Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Bonk (BONK) and dogwifhat (WIF).</p>
 <p>The analyst’s top mid-cap memecoin picks include&nbsp;Brett (BRETT), Joe Boden (BODEN), Popcat (POPCAT), Coq Inu (COQ) and Myro (MYRO).</p>
 <p>The analyst also says that BONK is likely to continue to outperform another Solana (SOL) based memecoin, WIF.</p>
 <p><em>“WIF: Bonk and WIF take turns leading as the Solana meme leader. It looks like eyes are mostly on BONK at the moment and I expect there to be a leader/lagger relationship similar to DOGE/SHIB. For now, I expect WIF to do decently as long as BONK is strong, but probably better to just long the leader aka BONK…</em></p>
 <p><em>BONK looks strong, expecting WIF to also do well as long as BTC holds up. Probably wouldn’t buy here though given the previous price action.”</em></p>
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GMBkW6xW4AER1B5?format=png&amp;name=medium" alt="Image" width="1200" height="707">
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   Source: Altcoin Sherpa/X
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 <p>BONK is trading for $0.00002825 at time of writing, up nearly 12.5% in the last 24 hours. Meanwhile, WIF is trading for $3.20 at time of writing, down more than 1% on the day.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-analyst-says-he-s-highly-bullish-on-memecoins-this-cycle-here-are-his-top-picks-tbt86652.html">https://thebittimes.com/crypto-analyst-says-he-s-highly-bullish-on-memecoins-this-cycle-here-are-his-top-picks-tbt86652.html</a></p>

Crypto Analyst Says He’s Highly Bullish on Memecoins This Cycle – Here Are His Top Picks

TheBitTimes

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