Can PEPE, Dogwifhat (WIF), and POPCAT Prices Surge by 100x? Expert’s Take

Memecoins have become a crucial part of the crypto world, often interesting due to their sudden price spikes and equally sharp declines. Recently, a tweet from @Mysteryofcrypt shared insights into the patterns that could potentially lead to 100x gains in some of these coins. 

The analysis discussed three popular memecoins—PEPE, Dogwifhat (WIF), and POPCAT—highlighting their historical price movements, recovery trends, and the possibility of future surges.

Historical Patterns of Memecoin Behavior

The tweet claims that memecoins have a clear trend: they rise to an all-time high (ATH) then considerably decline, usually between 70% and 85%. Usually, this fast drop is followed by an accumulation phase that may lead to another price surge. The examples of PEPE, WIF, and POPCAT reveal a similar trend.

• PEPE reached an ATH of $1.85 billion before plunging to $253.74 million, an 86.31% drop. Despite this steep decline, PEPE rebounded and surged to a market cap of $7 billion.
• WIF hit an ATH of $350 million but later fell to $56 million, marking an 84% decrease. After hitting the low, it recovered and reached a market cap of $5 billion.
• POPCAT showed an even sharper decline, falling 92% from its ATH of $49 million down to $8.5 million. However, it managed to recover, climbing back to a market cap of $1 billion.

These historical patterns suggest that big investors might be waiting for deep dips to accumulate memecoins, hoping for another cycle of surges.

PEPE Price Analysis: Patterns and Potential

PEPE’s price movement illustrates the classic volatility associated with memecoins. After its ATH of $1.85 billion, the coin experienced a rapid sell-off, leading to a dip of 86.31%. Following this dip, PEPE found support at the $253.74 million mark, which led to a renewed buying interest, driving its market cap up to $7 billion.

This pattern indicates that patient investors might be capitalizing on these low points, accumulating coins in anticipation of a future rally. The dramatic rise from its low suggests that recovery potential exists for coins like PEPE, although it remains a high-risk venture.

Dogwifhat (WIF): Rise, Fall, and Rebound

Dogwifhat (WIF) also exhibited a volatile trend similar to PEPE. After achieving an ATH of $350 million, WIF’s price fell by 84%, reaching a low of $56 million. Investors observed accumulation at this support level, leading to a strong recovery where the token surged to a market cap of $5 billion.

WIF’s historical price movements suggest that large-scale accumulation after a sharp dip can drive a rally. The potential for a 100x gain depends on similar accumulation patterns and market sentiment in the future, reflecting the general behavior of memecoins.

POPCAT’s Deep Drop and Subsequent Recovery

Among the three coins, POPCAT had the most severe decline. The token fell by 92% from its ATH of $49 million, dipping to just $8.5 million. Despite this massive drop, POPCAT made a comeback, reaching a market cap of $1 billion.

This example shows that extreme declines can sometimes lead to substantial gains if the market conditions shift favorably. However, the steep drop also highlights the risk associated with memecoin investments.

Read also: Stellar (XLM) Price Set to Explode? Key Breakout Signals Huge Gains!

Expert’s Take

The tweet from @Mysteryofcrypt suggests that big investors often wait for dips, typically around 70%-85% from an ATH, before making their move. This strategy allows them to accumulate large volumes at lower prices, setting the stage for a future rally. 

The analysis of PEPE, WIF, and POPCAT confirms this approach, showing that past performance often involves a period of accumulation followed by a renewed surge.

Investors interested in memecoins might consider these patterns, although the high-risk nature of such investments cannot be understated. The volatility, combined with market sentiment, plays a crucial role in driving prices, and any future gains will likely depend on similar buying patterns emerging after dips.

Current Market Performance

Per data from CoinGecko at press time:

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