share_log

Bitcoin's Outperformance Could Leave Dogecoin, Shiba Inu Sidelined, But Propel Pepe, Dogwifhat, Bonk To New Highs

Benzinga ·  00:35

According to widely-followed crypto influencer 'artchick,' Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) will not be the main meme coin beneficiaries of a rally.

The influencer's forecast hinges on Bitcoin (CRYPTO: BTC) maintaining its momentum and Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) outperforming.

Her top five include Pepe (CRYPTO: PEPE) with a $1 trillion target, Mog (CRYPTO: MOG) at $200 billion, Popcat (CRYPTO: POPCAT) and Bonk (CRYPTO: BONK) at $25 billion each. Among the newer entrant, Goatseus Maximus (CRYPTO: GOAT), Fartcoin also made it to the list. Artchick also added Dogwifhat (CRYPTO: WIF) with $25 billion price target to the list.

She says that while these valuations might feel absurd right now, crypto isn't operating on "normal cycles" anymore. "We're nearing escape velocity", and the market dynamics are evolving rapidly.

While ETH and SOL face inflation and execution risks, the meme coins traded on these chains are inherently different—they're pure, antifragile digital assets.

By late 2025, the trader believes they'll be among the most sought after and resilient asset classes ever created.

Also Read: Dogecoin, Shiba Inu Absent From 2024's Top-Performing Meme Coins: Here's Who Made The Cut

Artchick emphasizes that meme coin investing requires careful position sizing to endure high volatility and sharp drawdowns. She explains: "If you're overexposed, you're not going to make it. Volatility and shakeouts strengthen these memes. See you at the top."

Her analysis suggests meme coins could emerge as one of the most resilient and sought-after digital asset classes by 2025.

  • Dogecoin, Shiba Inu Could Underperform Stronger Cryptos, Trader Warns: Here's Why

Image: Shutterstock

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment