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- The prediction of the “Dogecoin millionaire” is likened to that of Jim Cramer
- PEPE and other current meme coins
A former “Dogecoin millionaire” and DOGE wallet watcher reporting Dogecoin transfers of many sizes, @DogeWhaleAlert, each spread the word about PEPE continuing to crash.
um $pepe https://t.co/Nr9bzRQCtO pic.twitter.com/RAIDJPaJU9
— Dogecoin Whale Alert (@DogeWhaleAlert) May 30, 2023
Glauber Contessoto, who calls himself a “Dogecoin millionaire” and whose story manufactured headlines in mainstream media like CNBC a couple of many years in the past, has stated that PEPE is “officially dead.”
$PEPE OFFICIALLY DIE
— SlumDOGE Millionaire (@ProfessionalTheDoge) May 30, 2023
The prediction of the “Dogecoin millionaire” is likened to that of Jim Cramer
Twitter consumer “Crypto Jesus” responded to Contessoto, saying that his tweet induced the opposite response in him, building him want to acquire some PEPE. He likens “Dogecoin millionaire” to CNBC host Mad Money and financier Jim Cramer, a staunch opponent of crypto. But not long ago, Cramer has gone from staying a Bitcoin lover to staying a critic of it, when also criticizing all other significant cryptocurrencies.
He has come to be acknowledged for his inaccurate predictions and now a lot of in the crypto neighborhood jokingly quote Jim Cramer’s bearish crypto forecasts, saying that If Cramer goes down, the selling price of the cryptocurrency will go up.
Contessoto replied that when he not long ago termed the major PEPE industry cap $one.five billion and suggested folks to promote, no a single heeded his tips. Since then, he extra, PEPE charges have fallen day immediately after day.
Is it Jim Cramer’s degree when I contact the major at one.five billion mcap and inform everybody to promote and no a single listens to me? Then it just stored pouring day immediately after day…?
— SlumDOGE Millionaire (@ProfessionalTheDoge) May 30, 2023
The self-proclaimed “DOGE millionaire” has ceased to be a single as the Dogecoin selling price is at present 90.28% beneath its 2021 all-time large, trading at $.7376.
PEPE and other current meme coins
PEPE has dropped 70.9% % beneath its all-time large reached on May five and is at present shifting hands at $.00001248. However, it took DOGE two many years to attain its recent “bottom”. This is the level in which Contessoto is no longer a “Dogecoin millionaire”, when for PEPE this occurs in significantly less than a month.
The PEPE meme coin appeared on the industry in April, launched by a group of anonymous developers who had been inspired by the well known web meme about Pepe the Frog. This is the 1st meme coin that is not based mostly on the motives of the Shiba Inu puppy. PEPE instantly attracted the interest of crypto whales and other significant gamers in the industry it has scored a series of listings on significant centralized exchanges. Even Binance, which will take the listing approach significantly and is extremely picky about the assets it lists, has extra PEPE to its Innovation Zone for promising crypto assets.
SHIB also started out trading on Binance from the Zone and now, along with PEPE, yet another well known meme cryptocurrency has been extra to it — FLOKI.
Then came the launch of yet another meme coin, the Milady Meme Coin (LADYS). It also acquired acceptance promptly and received some huge listings. Both PEPE and LADYS had been outlined by meme lover Elon Musk in his current tweets.
Unlike Shiba Inu (SHIB) and Dogecoin, PEPE has no utility and no chance of additional advancement. However, some feel it can appeal to extra retail traders new to the crypto industry and then move them to Bitcoin and other “serious” coins.