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The ‘Dogecoin Millionaire’ Glauber Contessoto has confirmed what many smart money had already guessed about the next crypto bull run.
He backs “anything involving Pepe” as the most popular meme narrative for the coming bull market, backing Pepe (PEPE) as the leader of the sector.
Indeed, the popular Pepe The Frog meme has taken the crypto market by storm since its introduction, with even low-cap gems like PeiPei, PONKE and APU impressing investors with their explosive growth.
Crypto whales are already stacking another similar project, Pepe Unchained, which has raised nearly $13.5 million in presale funding. A few analysts are even backing it as the next 100x crypto.
Dogecoin Millionaire Backs Pepe, Brett - How High Can They Go?
Popular crypto trader Glauber Contessoto got the title ‘Dogecoin Millionaire’, thanks to its high-conviction early bet on the DOGE token.
Contessoto invested $250,000 into Dogecoin when the meme coin was priced at just $0.045. Just a few months later, his position in DOGE was worth $4 million as prices skyrocketed.
Contessoto is still extremely bullish on Dogecoin, projecting its huge comeback as well as bull rallies in related projects like Shiba Inu, Floki and Neiro.
The 2 Biggest Meme Narratives for 2025I strongly believe the memecoin bullrun in 2025 will be based around 2 main meme universes. Pay attention 👇🏼 1. The most popular of the 2 in my opinion being anything involving $PEPE Pretty much the “PEPEVERSE” if you will This…
— SlumDOGE Millionaire (@ProTheDoge) September 16, 2024
However, he projects that Pepe The Frog-related projects will be in much higher demand this time around.
He isn’t the only smart money investor bullish on the Pepe coin, which remains the 3rd largest meme coin with a market capitalization of $3 billion.
Furthermore, it also sees consistently high trading volume, one of the perks of being a project listed on Binance.
PEPE also remains an excellent beta play on Ethereum. While investors have recently been bearish on ETH owing to its underperformance against Bitcoin and its modest ETF inflows, experts are confident that the second-largest cryptocurrency will mae a comeback. This would provide the ideal backdrop for Pepe and other frog meme coins to push towards new all-time highs.
In fact, some popular traders are expecting the PEPE market capitalization to reach $50 billion in the next crypto bull run.
Contessoto is also bullish on Brett, the top meme coin on Base. After all, the project is inspired by Matt Furie’s popular The Boy’s Club webcomics, the same as Pepe.
Experts believe that the Brett coin could reach a market cap of $10 billion, owing to the low trading costs on the Base chain which makes it a hotbed of retail investment.
Whales Also Bullish On Pepe Unchained For The Next Crypto Bull Run
Pepe Unchained (PEPU) is quickly establishing itself as a major player in the meme coin sector, behind heavy buys from whales.
Back in July, a crypto whale invested $200k into PEPU. Similarly, two whales purchased $25k and $55k worth of Pepe Unchained respectively earlier this month.
There is a reason why the meme coin has raised nearly $13.5 million in presale funding, making it one of the most successful ICO projects of 2024.
However, PEPU isn’t an ordinary token. Rather than relying solely on the popularity of Pepe The Frog meme, it is launching a Layer-2 chain, designed particularly for meme coin trading.
Considering that utility-driven meme coins are extremely rare, the move has created quite a buzz. PEPU holders will be able to take advantage of low trading costs and instant transactions as well as a dedicated block explorer and DEX.
Furthermore, early PEPU buyers can also take advantage of lucrative staking rewards, currently at an APY of over 150%.
It is therefore no surprise that crypto whales have been stacking this low-cap gem. Some traders are even targeting up to 100x gains with this new meme coin, making it one of the best crypto to buy now.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
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