Max Schwartzman, the CEO of Because Bitcoin, has provided a bullish outlook for PEPE. He stated that the meme coin is mirroring the Dogecoin price action in the 2021 bull run and explained exactly how this is happening. 

How PEPE Is Mirroring The Dogecoin Price

In an X post, Max asserted that PEPE is the Dogecoin of this cycle because of the similarities between the former and the Dogecoin price action in the 2021 bull run. He explained that right as Bitcoin is breaking its previous cycle’s all-time high (ATH), altcoins are witnessing a higher time frame (HTF) higher low coupled with a PEPE. 

The crypto founder revealed that this was the same thing that happened with the Dogecoin price in 2021. His accompanying chart showed that PEPE is replicating Dogecoin’s 2021 price action as the meme coin has witnessed a breakout while others are retesting the higher lows. In line with this, Max predicts that PEPE is going so much higher. 

This isn’t the first time the crypto founder has drawn similarities between PEPE and the Dogecoin price. Last year, he mentioned that PEPE’s price action was similar to Dogecoin in 2020. He further predicted that the former would enjoy a significant price breakout this year if it continued to mirror DOGE’s price action. 

When he made the prediction, PEPE’s market cap was $600 million. Since then, the top meme coin has witnessed a parabolic rally and now boasts a market cap of over $8 billion. PEPE is one of the best-performing crypto assets this year, with a year-to-date (YTD) gain of 1,400%. However, based on Max’s recent statement, PEPE’s rally might just be starting with the meme coin set to replicate the Dogecoin price action in 2021. 

PEPE Forming A ‘Big’ Bull Flag

In an X post, Crypto analyst and trader Crypto Zeus highlighted a potential ‘big’ bull flag that was forming for PEPE. This bull flag indicates that the meme coin could continue its upward trend once this consolidation phase is over. The analyst also remarked that PEPE will likely rise higher as the Bitcoin price hits new highs. 

Similarly, crypto analyst Chandler mentioned a bullish pennant that had formed on PEPE’s chart. This bullish pattern also indicates that the top meme coin will continue its upward trend soon enough. The analyst’s accompanying chart showed that PEPE could rally to as high as $0.000038 on its next leg up. 

PEPE looks to be cooling off for now, having just recently hit a new ATH on the back of Coinbase and Robinhood’s listing. At the time of writing, PEPE is trading at around $0.00002017, down over 4% in the last 24 hours, according to data from CoinMarketCap. 

Featured image created with Dall.E, chart from Tradingview.com

As the crypto market rallies, the PEPE has showcased impressive growth alongside the XRP price. As a result, investors are eyeing these top altcoins as potential investments for December 2024. Also, investors are embracing RCO Finance (RCOF), an emerging DeFi altcoin, that has secured over $5 million during its presale.

Why are investors rushing to buy PEPE, XRP, and RCO Finance (RCOF) before the year ends? Let’s find out!

PEPE Jumps 85% in a Week: More Explosive Growth Coming?

PEPE has performed exceptionally well over the past week. On November 10, PEPE was changing hands at around $0.00001159. Following days of range-bound trading, PEPE shot up alongside the broader altcoin market after Bitcoin (BTC) set a new ATH at $93,434 on November 13.

Additionally, Upbit listed PEPE on November 14, exposing the altcoin to millions of South Korean crypto enthusiasts. As a result, PEPE climbed as high as $0.00002524, setting a new ATH. However, traders started taking profits, and PEPE pulled back slightly.

By November 17, PEPE had stabilized at around $0.00002139. This price means PEPE has gained 85% in a week. Moreover, analysts expect PEPE to continue surging due to its position as a leading meme coin. This makes it a top pick among speculative traders who are always targeting tokens that can pump quickly during bull runs.

XRP Price Surges 78% in a Week: Will It Hold the $1 Level?

XRP has impressed Ripple investors over the past week after reclaiming the crucial $1 level. On November 10, the XRP price was hovering around $0.5771. After days of recording marginal gains, the XRP price gained momentum on November 13 after Bitcoin’s stellar performance.

The XRP price continued pumping due to the November 14 news of Societe Generale announcing plans to launch its EURCV stablecoin on the XRP Ledger in 2025. This bullish news saw the XRP price recover the $1 level and set a weekly peak of $1.19 on November 16.

By November 17, the XRP price had experienced a slight retracement before stabilizing at $1.03. This price means XRP has surged 78% in a week. Furthermore, experts expect the XRP price to continue surging following Donald Trump’s victory in the US election. Notably, Trump is pro-crypto and has even launched a crypto token.

RCO Finance Offers Investors Advanced Tools To Boost Profits

As the XRP price continues pumping alongside PEPE, investors are searching for high-performance DeFi platforms to increase their chances of profitability. This explains why RCO Finance has quickly gained popularity despite being a relatively new DeFi platform. RCO Finance has achieved this feat due to its revolutionary architecture.

Specifically, RCO Finance taps AI and blockchain technology to power multiple top-range trading tools. However, investors are primarily interested in the platform’s flagship feature, an AI-powered robo advisor. This tool stands out because it uses machine learning and advanced algorithms to offer custom investment advice.

This means the robo advisor analyzes your personal risk profile and financial goals before offering you custom, data-based investment recommendations. These recommendations help you spot the optimal time to enter or exit positions on assets matching your preferences.

This approach helps boost your chances of increasing profits. Also, this data-based investment strategy eliminates the need to include emotions of greed and fear in your plan, thus reducing your exposure to risky assets. Amazingly, the robo advisor can also trade on your behalf, spotting high-potential opportunities early.

With RCO Finance supporting over 120,000+ assets, you get infinite options for portfolio diversification. Impressively, this offering comprises crypto, decentralized derivatives, and tokenized real-world assets (RWAs) like real estate. As such, you can create a well-balanced portfolio for both stability and profitability in varying market conditions.

RCOF Steals The Show With Rapid Growth

Although the XRP price and PEPE are poised to jump further, savvy investors are rushing to buy RCO Finance’s native token, RCOF. RCOF has caught the attention of investors because it offers multiple perks within RCO Finance. These include dividends and voting rights.

RCOF has also won the confidence of investors because its smart contract was audited, making it a safe investment. Notably, the firm behind RCOF’s smart contract audit is SolidProof, a leading Germany-based blockchain security firm.

Coupled with RCOF’s limited supply of 800 million tokens, these features explain why RCOF has secured over $5 million during its ongoing presale.

RCOF Presale Promises Humongous Gains

Investors are also flocking to RCOF because its presale promises huge gains for early investors. As of November 17, RCOF was going for $0.0558 during Stage 3 of its presale. The next RCOF price is $0.0778 during Stage 4. When RCOF climbs to its listing price of $0.4-$0.6, Stage 3 investors will enjoy huge ROIs.

Furthermore, experts believe increasing demand will see RCOF outshine the 1,713% YOY pump in PEPE by December 2024. Going forward, experts foresee RCOF surging 34,203% by Q1 2024. This explains why you should not sleep on the opportunity to join the RCOF presale now.

For more information about the RCO Finance Presale:

 Visit RCO Finance Presale

Join The RCO Finance Community

The Polygon price is set to join the altcoin market rally eyeing a 50% breakout on the technical chart amid strong on-chain indicators and whale activity. Despite its rebranding from MATIC to POL, the altcoin struggled to gain traction amid strong Bitcoin and crypto market resurgence this year. However, investors are making fresh bets with POL resuming the upward trajectory.

Polygon Price Eyes Massive 50% Breakout

The POL price has been on an upward trajectory gaining 7% in the last 24 hours, trading at $0.4442 with its market cap crossing $3.5 billion. Also, the daily trading volumes have surged by 53% shooting all the way to $434 million showing strong bullish sentiment for one of the top altcoins.

Crypto market analysts are turning bullish expecting the POL price rally to continue further from here. Popular crypto handle CryptoBull_360 reported the Polygon (POL) has successfully breached a significant resistance level on higher time frames (HTFs), signaling the potential for a major bullish rally.

As shown in the below image, the Polygon price is giving a breakout from the cup-and-handle pattern on a multi-year timeframe. Traders are looking for a strong consolidation over the new resistance of $0.44, as it could trigger further upward momentum. Holding above this can open the gates for a 50% rally moving ahead.

Additionally, strong volume indicates growing investor interest and positive momentum in the market. Some market analysts have also been suggesting a massive 3050% POL price rally moving ahead.

POL Whale Activity and On-Chain Data

Popular crypto analyst Ali Martinez reported that in the last four days, POL whales have accumulated 140 million POL tokens, worth more than $56 million. The critical support zone for Polygon is currently between $0.375 and $0.386, and if this level holds, POL is likely to experience higher price levels, as resistance is expected to remain weak, he added.

Apart from POL whale activity, Polygon has seen a significant surge in on-chain activity, including an increase in daily active addresses, transaction volume, etc. These metrics are seen as strong indicators of growing market interest and participation and reinforce a bullish outlook for POL in the near term.

While most other altcoins have already rallied significantly, investors should pay close attention to Polygon price movements amid the current altcoin market rally.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.