Dogecoin Is The 'OG' Meme Coin And A 'Billboard' For PEPE And WIF, But: 'Forget SHIB,' Trader Exclaims
Portfolio Pulse from Khyathi Dalal
Crypto trader Intuitio highlighted Dogecoin (DOGE) as the original meme coin with potential for a significant pump and as a 'billboard' for other meme coins like Pepe (PEPE) and Dogwifhat (WIF), while dismissing Shiba Inu (SHIB) as 'absolute crap'. Intuitio's views suggest a shift in the meme coin market, favoring PEPE and WIF for their organic growth and 'pure' meme status, contrasting with the performance of SHIB. The discussion reflects the volatile and speculative nature of meme coins in the cryptocurrency market.
May 07, 2024 | 6:02 pm
News sentiment analysis
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NEGATIVE IMPACT
Shiba Inu (SHIB) was dismissed by Intuitio as 'absolute crap', suggesting a negative short-term impact on its price due to the negative sentiment from a prominent crypto trader.
Intuitio's negative view on SHIB could deter investor interest, potentially leading to a decrease in its short-term price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Dogecoin is recognized as the original meme coin with potential for a significant pump, according to crypto trader Intuitio. Its role as a 'billboard' for other meme coins like PEPE and WIF could influence its short-term price positively.
Intuitio's endorsement of Dogecoin as the original meme coin and a 'billboard' for others could attract investor interest, potentially driving up its short-term price.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Pepe (PEPE) is highlighted by Intuitio as one of the 'purest memes' in crypto, suggesting a positive outlook for its short-term price movement due to its organic growth and meme status.
Given Intuitio's positive remarks on PEPE's organic growth and 'pure' meme status, investor interest could increase, potentially boosting its short-term price.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80