Meme coins like Dogecoin, Shiba Inu, Floki, and PEPE have revolutionized the crypto market, offering both lucrative and high-risk opportunities. As the next bull cycle approaches, two renowned crypto analysts, Miles Deutscher and @Tree_of_Alpha, present their contrasting theses on the future performance of meme coins.
PEPE’s Ascendancy – A Fresh Contender :
Crypto analyst Miles Deutscher argues that PEPE will outshine Dogecoin in the upcoming cycle. He points to the underwater thesis, highlighting that fewer PEPE holders are currently at a loss compared to Dogecoin holders. This suggests less selling pressure for PEPE on the way up. Additionally, Deutscher emphasizes the fatigue surrounding the Dogecoin meme, asserting that PEPE feels fresher and enjoys more organic popularity.
Dogecoin’s Dominance – The OG Memecoin :
Contrarily, analyst @Tree_of_Alpha believes that Dogecoin will yield bigger profits than its competitors. He dismisses other meme coins as mere copycats, stating that they will trend towards insignificance when the hype subsides. @Tree_of_Alpha regards Dogecoin as the original memecoin, noting its extensive history and strong brand recognition. Moreover, being a Proof of Work (PoW) coin, Dogecoin is less susceptible to regulatory actions.
The Arguments Continue:
Deutscher acknowledges the merits of Dogecoin, including its long-standing presence and influential backers like Elon Musk. However, he remains steadfast in his belief that PEPE will perform better. Notably, Deutscher does not anticipate PEPE surpassing Dogecoin in market capitalization. While both analysts present compelling arguments, the market performance indicates that PEPE has gained significantly more in recent weeks than Dogecoin.
The Battle Unfolds :
The battle between meme coin giants PEPE and Dogecoin intensifies as the next bull cycle looms. While Miles Deutscher champions PEPE, citing lower underwater holders and organic meme popularity, @Tree_of_Alpha remains bullish on Dogecoin, emphasizing its status as the original memecoin and its resilience to regulatory scrutiny. As investors eagerly await the next alt-season with the Bitcoin Halving, only time will tell which meme coin will emerge victorious in the profit race.