Meme coins such as Dogecoin, Shiba Inu, Floki, and PEPE have revolutionized the crypto market, offering lucrative and high-risk opportunities. As the next bull cycle approaches, two renowned crypto analysts, Miles Deutscher and @Tree_of_Alpha, present their contrasting theses on the future performance of meme coins.
PEPE Advantages – New Competitors:
Crypto analyst Miles Deutscher thinks that PEPE will outperform Dogecoin in the coming cycle. He points to the underwater thesis, highlighting that fewer PEPE holders are currently losing money compared to Dogecoin holders. This suggests less selling pressure for PEPE on the rise. In addition, Deutscher emphasized the fatigue surrounding the Dogecoin meme, asserting that PEPE feels fresher and enjoys a more organic popularity.
Dogecoin Dogecoin – The OG Memecoin :
On the other hand, @Tree_of_Alpha analysts believe that Dogecoin will generate more profits than its competitors. He dismissed other meme coins as mere copycats, stating that they would be less likely to matter when the hype died down. @Tree_of_Alpha considers Dogecoin to be the original memecoin, noting its extensive history and strong brand recognition. Additionally, as a Proof of Work (PoW) coin, Dogecoin is less susceptible to regulatory action.
Deutscher recognizes Dogecoin’s strengths, including its longstanding presence and influential backers like Elon Musk. However, he remains firm in his belief that PEPE will perform better. Notably, Deutscher does not anticipate PEPE surpassing Dogecoin in market cap. While both analysts provide convincing arguments, the market performance shows that PEPE has increased significantly in recent weeks than Dogecoin.
The battle between meme coin giants PEPE and Dogecoin intensified as the next bullish cycle emerged. While Miles Deutscher champion PEPE, citing lower underwater holdings and the popularity of organic memes, @Tree_of_Alpha remains bullish on Dogecoin, stressing its status as an authentic memecoin and its resistance to regulatory scrutiny. As investors eagerly await the next alt-season with Bitcoin Halving, only time will tell which meme coin will emerge victorious in the race for profits.