- Did PEPE outfox DOGE again? 🤔
- The altcoin market feels like a ghost town—Perfect time to go shopping 🛒
Oh, how the mighty crypto market has stumbled—a dizzying drop of 12.3% from a whopping $3.73 trillion to a less dizzying $3.42 trillion in just six weeks! The thrill of Bitcoin [BTC] hitting that mind-boggling $100k in November and December has vanished quicker than your friend who owes you money.
With confidence gone “poof,” BTC has nestled around the $100k mark like a cat refusing to move. But altcoins? Oh, they’ve shed their value like a snake sheds its skin.
Take Pepe [PEPE], for example, plummeting 57.8% from its zenith in mid-December. But lo and behold, there’s talk that our favorite memecoin might just have found its bottom! 🐸
Pepe vs. Dogecoin—February 2024 Shenanigans Again? 🐸 vs 🐶
Max Schwartzman, the mastermind behind BecauseBitcoin, recently chirped on X (which used to be Twitter, go figure!) that in 2024, the PEPE/DOGE pair kissed a key support level before rocketing upwards like Elon Musk’s starships. 🚀
PEPE outperforming Dogecoin [DOGE]? It’s like saying the tortoise outpaced the hare—unexpected but fascinating!
February 2024 saw PEPE revisiting and skyrocketing from a previous level, leaving DOGE in its dust. Schwartzman’s expecting déjà vu, predicting Pepe will pull off some stellar antics in the weeks to come.
Could Altseason Be Knocking on Our Doors? 🔮
While PEPE/DOGE might have found solid ground, the broader altcoin market feels like it’s still wandering in quicksand. Altseason, that fabled land of plentiful gains, seems MIA with a reading of 53. Ah, the memories of February and March 2024! Nostalgic, isn’t it?
Back then, Bitcoin soared thanks to spot ETF approvals, climbing from $42k to a hearty $72k in six weeks. Magic or sheer luck? You decide. 🧙♂️
Looking at Bitcoin Dominance across cycles, BTC.D was teetering at a critical long-term resistance. Will history repeat itself? A rejection here could spark mini alt-season euphoria, giving Pepe bulls something to cheer about. 📈
Check out Pepe’s [PEPE] Price Prediction 2025-26. 📊
As last year demonstrated, both BTC and altcoins have the potential to climb like ivy. Will the sequel be equally thrilling? The suspense is nerve-wracking! Market fear and social media gloom are at an all-time high, with many fretting the cycle might be over.
But take heart! It’s in such fearful, nail-biting moments that buying could yield those mythical, mouth-watering returns. 🤑 Still, tread carefully, my friend—this ride might just be different. 🎢
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2025-02-03 10:18