Buzz is building around meme coins again after a tough week.
That’s led one well-known crypto expert to make a bold prediction for Q4 of this year.
He highlighted two surprise picks, Pepe (PEPE) and Memebet (MEMEBET), as potential breakout stars.
Meme Coins Bounce Back as Bitcoin Lifts the Market
The broader market has been in a downturn since Monday, with most coins and tokens seeing sharp drops that have put investors on edge.
But now, things might be turning around.
Bitcoin (BTC) bounced off support around the $60,000 level, lifting the rest of the market along with it.
Meme coins are following suit, with Dogecoin (DOGE) up 5% and Shiba Inu (SHIB) climbing 9%.
The standout is cat in a dogs world (MEW) – jumping by 11%.
While these coins are still red over the past seven days, there’s some optimism in the air.
Trading volumes are rising again, which suggests investors are piling back into the market.
Some are speculating that Bitcoin may have hit its bottom.
If that’s the case, a bull run might be on the horizon.
Crypto Expert Matthew Perry Predicts Price Explosion for PEPE
Crypto expert Matthew Perry has boosted investors’ excitement about this market rebound with a bullish prediction for PEPE.
In a recent video, Perry expressed his confidence in PEPE’s prospects, suggesting it could be one of the big winners in Q4.
Perry isn’t just making bold claims – he’s already turned $200 into $619 by trading PEPE.
That shows he’s willing to put his money where his mouth is.
So, why is Perry so optimistic about PEPE?
He believes it will continue to dominate discussions on Twitter and Reddit, forecasting that the token will reach a $40 billion market cap next year.
That would be an almost 10x increase from PEPE’s current value.
Perry also believes that since PEPE has a fully diluted supply, investors need not worry about future dilution.
Again, this is another reason he’s bullish on the token.
Finally, Perry also predicts a shift away from dog coins toward new meme coin trends, such as frog-themed coins, in the upcoming bull run.
If this prediction is accurate, it will benefit PEPE massively.
These factors combine to convince Perry that PEPE could be one of the standout performers in the final weeks of 2024.
Perry Forecasts New Meme Coin Casino Memebet Will Also Pump in Q4 2024
Perry isn’t just focused on PEPE.
He’s also got his sights set on a new meme project: Memebet.
This project combines two popular trends – meme coins and gambling – and Perry thinks it can potentially produce huge gains.
In a nutshell, Memebet is a Telegram-based crypto casino where players can wager using DOGE, SHIB, PEPE, and other meme coins.
Think of it like a “degen” virtual Las Vegas.
Memebet Casino offers a wide selection of table games, live dealers, slots, and sports betting markets to keep players entertained.
It also has Play-to-Earn (P2E) rewards, allowing active gamers to earn MEMEBET tokens over time.
Memebet Casino is still in development, but interested investors can buy MEMEBET tokens early through the ongoing presale.
The presale has already raised a massive $360,000 – and counting.
Perry sees a big opportunity here, especially with the meme coin market starting to bounce back.
He’s betting that MEMEBET, with its 2 billion token supply and new airdrop campaign, could be a contender for explosive growth.
Perry’s also excited about Memebet Casino’s no-KYC approach.
This approach means players can jump into the action immediately without completing a lengthy sign-up process.
Overall, Perry is optimistic about MEMEBET’s prospects.
And with over 5,100 people active in the project’s Telegram channel already, he’s not the only one.
