Altcoin Sherpa: PEPE will grow by 1100%

Note: not financial advice!

The crypto analyst known as Altcoin Sherpa tellshis 216,200 followers on the X platform that the Pepe meme-coin (PEPE) has a significant potential for growth of 1100%. The reason is the demand from buyers and the trading volume:

«If you are looking for a meme with a large cryptocurrency to long, I think PEPE is a good option. Good liquidity, high volume, in my opinion, it’s definitely catching up a little bit with the others. I’m not saying that it will overturn DOGE or anything like that, but it should grow relatively more.»

In addition, the trader believes that Ethereum ETH $3,355.35 Bridged Ether (StarkGate) 0.61% Market capitalization $0.29 billion VOL. 24 hours $1.96 billion will reach its all-time high (ATH) of around $ 5,000 on the back of the approval of the ETH spot exchange-traded fund (ETF). However, Altcoin Sherpa warns that ETH could pull back once it crosses the $ 4,000 mark before continuing to rise:

«ETH: I think we will pull back briefly in the $ 4,000 area, but it will definitely break all-time highs if/when the ETF is approved. It still looks like a free-for-all for ETH going to ATH, which is at $ 5,000. There may be some obstacles along the way, but it seems inevitable.»

The article is not investment advice!