The bull run is here, and investors shouldn’t underestimate the lucrative potential of cryptocurrency for the next 6-9 months.
Memecoins like Pepe and Dogecoin are experiencing a minor correction in early December, as highly-attuned analysts advise investors to diversify their portfolios with innovative utility gems such as Lunex Network. Here’s the rundown.
Minor Meme Cool Off Leaves Pepe Investors Largely Unperturbed
Pepe’s rapid ascent as the third-largest meme coin continues, supported by significant exchange listings on Coinbase and Robinhood and rampant accumulation from both whales and retailers. In November and early December, over 10 trillion Pepe tokens were acquired, reflecting immense confidence for Pepe from big buyers heading into the bull run. However, a recent whale selloff of 356 billion tokens for a 31x return has raised questions about the asset’s near-term outlook, highlighting contrasting sentiments among large holders who may opt to take profits early.
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