PepeCoin is on fire! The memecoin has surged over 27,000% in less than a year, and one crypto analyst thinks it still has room to grow.
PepeCoin’s Strength
Altcoin Sherpa, a popular crypto analyst, believes PepeCoin could retrace to a key level before continuing its upward climb. He’s keeping a close eye on the 200-day EMA, suggesting that a dip to around $2.30 could be a good entry point for short-term traders.
SYN: A Potential SUI Replay?
Altcoin Sherpa is also bullish on Synapse (SYN), a protocol for cross-chain communication. He sees similarities between SYN’s price chart and the chart of Sui Network (SUI) before its recent surge.
While he acknowledges that SYN faces competition from other bridges, he’s intrigued by the chart pattern and believes it could be poised for a breakout.
Important Note: This is not financial advice. Always do your own research before investing in any cryptocurrency.
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