Serious Warning for Those 3 Meme Coin: A Fall is Expected!

While the cryptocurrency market has been experiencing great volatility lately, popular dog-themed meme coin projects have also seen serious price drops. Analysts warn that these declines are not over yet. Experts predict that memecoins, especially Solana (SOL)-based dogwifhat (WIF) and Pepe (PEPE), may lose even more value in the coming period. In this article, we will examine the memecoin analysis made by the well-known crypto strategist Credible Crypto on his YouTube channel. The analyst provides important information to investors by predicting different scenarios for WIF, Pepe and Dogecoin (DOGE).

Warning came for Meme coin projects

While the cryptocurrency market has been experiencing great volatility lately, popular dog-themed meme coins have also seen significant price drops. Analysts warn that these declines are not over yet. In a new analysis on his YouTube channel, well-known crypto strategist Credible Crypto predicted that memecoins, especially Solana (SOL)-based dogwifhat (WIF) and Pepe (PEPE), may lose even more value in the coming period.

In the video he shared on his channel, which has more than 55,500 subscribers, Credible Crypto stated that there is no bottom for WIF yet and that there may be a decline to $0.80 in the coming days. According to the analyst’s chart, intermediate jumps may also be seen during this decline. WIF, which was traded at $1.60 at the time the video was prepared, recorded an increase of nearly 3% in the last 24 hours.

A very sharp decline is expected in PEPE

Credible Crypto predicted a much sharper decline for Pepe. According to the analyst, Pepe could lose nearly 90% of its value from its all-time high of $0.0000171. Again, according to the analyst’s chart, it is possible for Pepe to drop to $0.00000185. Pepe, which was traded at $0.00000876 at the time the video was prepared, did not experience any losses in the last 24 hours.

The analysis predicts a different scenario for Dogecoin (DOGE). Stating that DOGE may see an upward movement if Bitcoin rises again, Credible Crypto said, “If Bitcoin rises, coins such as DOGE may experience some relief. The first support level has been reached, it is logical to see a bounce from here. With Bitcoin, a “We may see a bounce, then encounter a resistance level and DOGE may continue to lose value while Bitcoin continues to rise, which means a downward move in the long term.” he said.

Credible Crypto stated that one of the possible scenarios for DOGE could be a decline to $0.084, then retesting the resistance around $0.15, and eventually a drop to $0.06. DOGE, which was traded at $0.108 at the time the video was prepared, recorded a slight increase in the last 24 hours. Credible Crypto’s analyzes should not be considered investment advice, but it is important for investors to follow the developments in the cryptocurrency market and do their own research.

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