Analyst Optimistic about PEPE and Another Memecoin Believes Memes Will Lead Crypto Narrative

Top analyst known for timely altcoin calls believes that Pepe (PEPE) and another memecoin counterpart are ready for a major rebound.
Anonymous analyst Bluntz told his 263,500 followers on social media platform X that PEPE appears ready to ignite a five-wave surge.
Bluntz relies on Elliott Wave Theory, which suggests that bullish assets often experience a five-wave rebound after completing an ABC correction.
The analyst shared a chart showing that PEPE has completed the ABC correction and is poised to rebound on its way up to $0.0000145.
“Like political public figures here, you can see a nice five-wave rise and an ABC retreat by ABC.”
This is one of the few alternatives that don’t smoke and set new lows.”
Source: Bluntz/X
At the time of writing, PEPE is valued at $0.00001286.
Taking a look at Popcat, the analyst believes that the memecoin based on Solana (SOL) has also completed its correction.
“POPCAT entered climax from the low point with strong turbo rebound.
Clearing five waves every day, ABC takes a step back and now seems to be completed.
I’m starting to feel like memes are back, baby.”
Source: Bluntz/X
Bluntz emphasizes that POPCAT seems to reflect the market structure of memecoin dogwifhat (WIF), which then rebounded to an all-time high in March.
“POPCAT fractal is interesting.
Where have I seen this structure before?”
Source: Bluntz/X
At the time of writing, POPCAT is trading at $0.486, up over 12% in the past day.
The top analyst also believes that memecoins and artificial intelligence will continue to attract the attention of cryptocurrency traders.
“In my view, memes and AI will continue to be the two most important narratives. Choose your warriors wisely.”
Don’t miss a beat – subscribe to receive email alerts directly to your inbox for price action updates. Follow us on X, Facebook, and Telegram to stay tuned with us at The Daily Hodl Mix.
Generated Image: Midway