The investor in Dogecoin anticipates that Pepe will lead the meme token market into the New Year, with Brett trailing closely behind.
While the market as a whole loses 1.5% today, the Pepe price has increased by a meager 0.5% over the last 24 hours to reach $0.000007353.
PEPE is still down 1.5% in a week and 1% in a month, but the well-known meme token, which is currently the 31st-largest coin on the market, has increased by an impressive 1,000% in a year.
Its moves today come as noted Dogecoin millionaire Glauber Contessoto predicts that “anything involving $PEPE” will lead the “memecoin bull run in 2025.”
Furthermore, the alt continues to enjoy the greatest momentum and interest of any significant meme token, even though his prediction does not specifically relate to PEPE.
Dogecoin Millionaire Predicts ‘Anything Involving Pepe’ Will Lead 2025 Meme Coin Bull Run
Contessoto, also known as SlumDOGE Millionaire on X, discusses what he thinks will be the two biggest meme narratives of the upcoming year and believes that the “most popular” will involve tokens connected to PEPE.
The 2 Biggest Meme Narratives for 2025
— SlumDOGE Millionaire (@ProTheDoge) September 16, 2024
I strongly believe the memecoin bullrun in 2025 will be based around 2 main meme universes.
Pay attention 👇🏼
1. The most popular of the 2 in my opinion being anything involving $PEPE
Pretty much the “PEPEVERSE” if you will
This…
This covers the majority of PEPE-themed tokens, yet Contessoto suggests that Pepe itself will be the biggest winner:
As it stands right now we can all agree $PEPE on #ETH with the highest current marketcap ($3 Billion) is the clear WINNER of all Pepe coins created – even though we will also likely see the original and very first Pepecoin that was originally created years ago also benefit from this legendary run up that will happen to $PEPE in 2025.
And even though he does point out a few other tokens that are close to Pepe, like Brett (BRETT), he states that Pepe “will lead the way” and makes reference to Dogecoin in his second narrative for 2025.
Given that Pepe has outperformed all other major coins this year, including non-meme coins, Contessoto’s comments reinforce the broader perception that Pepe is still the meme token to beat.
It is outperforming the market today as well, even though it has only gained 0.5% in the last day.
However, the chart’s indication that it might be nearing the start of a longer-term recovery is encouraging.
For example, its relative strength index (purple) increased from 20 this morning to almost 60 today, indicating a healthy uptick in interest and buying pressure.
Similarly, PEPE’s 30-period moving average (orange) appears poised to rise above the 200-period average (blue), having halted its downward trend.
Now may therefore be a good time to buy PEPE on the cheap, with some whales stocking up on the coin in recent weeks.
Someone created a new wallet and withdrew 292.97B $PEPE($2.17M) and 273,267 $WLD($391K) from #Binance in the past 20 minutes.https://t.co/6fN9VpX6TX pic.twitter.com/1vvsjxP4oQ
— Lookonchain (@lookonchain) September 2, 2024
And given that we will see the first of three Federal Reserve rate cuts this week, now may be the beginning of a more bullish period for PEPE.
It could reach $0.000010 by the middle of October, and $0.000015 by November.
A New Leader in the Meme Token Bull Run?
PEPE could run out of long-term momentum because it has already had such a successful year.
Trading enthusiasts should likely look to more recent Pepe-related meme coins in such circumstances, as they frequently experience exponential growth spurts.
A good example of a token with a strong chance of doing this is new layer-two project Pepe Unchained (PEPU), which has raised a whopping $13.5 million in its ongoing presale.
Lucky number 13! 🎉 We’ve hit $13M! pic.twitter.com/8M3vBNzdie
— Pepe Unchained (@pepe_unchained) September 12, 2024
Pepe Unchained, which is expected to launch in the coming weeks, offers instantaneous transactions at fees that are competitive with other L2s, giving it more scalability than many of them.
Because of its efficiency and scalability, it will also be able to offer twice as much in staking rewards as a typical layer-one meme token.
Increased ownership of PEPU, which has an 8 billion token supply cap, will be encouraged by this.
It’s also highly encouraging that the coin has been able to grow out its community, with its X account now counting 14,900 followers.
This raises the hope that Pepe Unchained will become very big once it launches, with new investors able to get involved early by going to the coin’s official website.
PEPU is currently selling at $0.0097284, although this will rise again later today.
It will rise fractionally a few more times before the sale ends, at which point the coin will list on trading platforms, where it could surge.