The impact of the SEC’s green light on spot Ethereum ETFs is waning. Leading altcoin Ethereum failed to cross the $4,000 mark and faced a sell-off. Meanwhile, some meme coins such as PEPE and FLOKI have recorded strong gains in the last week. However, they also began to lose altitude. However, a popular crypto analyst says that these two meme coin projects are racing towards the top.
Bluntz: PEPE has more gas in the tank!
cryptokoin.comAs you follow from , the market goes back and forth. The leading crypto Bitcoin is bouncing back from 70 thousand dollars and the leading altcoin Ethereum is bouncing back from 4 thousand dollars. However, the enthusiasm in the meme coin world continued this week. Pepe, (PEPE), the latest favorite, has increased by more than 140% this month. This attracts the attention of analysts. Popular analyst nicknamed Bluntz says meme coin Pepe still has more gas left in its tank even after these increases. The analyst shares a chart where he predicts PEPE will rise to new record highs of $0.000028. In this context, the analyst said, “Despite the all-time highs, I think PEPE will remain the fastest horse for now.” says.
Meanwhile, at the time of writing, Pepe was trading at $0.00001474, down 8.5% on a daily basis. If the meme coin reaches Bluntz’s target, this indicates an upside potential of more than 75%.
Analyst gets strong vibes for this meme coin too!
The analyst then looks at another popular meme coin, Floki Inu (FLOKI). Bluntz also predicts a strong rise for FLOKI. In this vein, Bluntz said, “I’m getting all-time high vibes from FLOKI pre-PEPE. I think the graphic looks really nice.” says.
According to his chart, the analyst is predicting an all-time high of $0.00044 for FLOKI. Meanwhile, at the time of writing, FLOKI was changing hands at $0.0002702, losing approximately 8.4% on a daily basis. Reaching the analyst’s target means an approximately 60% rise for the meme coin from its current position.
Analyst predicts decline for ETH/BTC!
The analyst also closely follows the Bitcoin and Ethereum pair (ETH/BTC). Bluntz predicts that ETH/BTC will fall below 0.052 BTC ($3,553) before rising to 0.06 BTC ($4,100). In this regard, the analyst makes the following statement:
12-hour bearish divergence and a clear impulsive wave rise in ETH/BTC. Please allow jerking before sending turbo.
According to Bluntz, the parity is losing momentum despite its recent rise. In this context, the chart he shared shows a downward trend. At the time of this writing, ETH/BTC was trading at 0.05625 BTC ($3,842).
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