A trader foresees a major increase in the value of two Memecoins in the upcoming months and shares their strategy for investing in Render, according to The Daily Hodl.

A trader foresees a major increase in the value of two Memecoins in the upcoming months and shares their strategy for investing in Render, according to The Daily Hodl.

Top Memecoins with Huge Growth Potential, According to Cryptocurrency Analyst

According to Altcoin Sherpa, a prominent cryptocurrency analyst, two memecoins are expected to experience substantial growth in the months ahead.

Altcoin Sherpa, who has 216,400 followers on X, recently expressed his optimistic perspective on Pepe (PEPE) and PepeCoin (PEPECOIN).

While there is a chance of a decrease in the near future, Altcoin Sherpa still has a positive outlook for the future success of memecoins.

https://dailyhodl.com/wp-content/uploads/2022/12/ethereum-rally-massive.jpg
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This information is from the Altcoin Sherpa/XN.

This data is sourced from Altcoin Sherpa/XN.

At this moment, the value of Pepe is $0.00001506, showing an increase of approximately 5% in the past day. According to Altcoin Sherpa, there is a possibility that Pepe could go back to the support level of $0.00001084.

Alternatively, PepeCoin is currently being traded at $5.31, exhibiting a decrease of almost 3% for the day. According to Altcoin Sherpa’s assessment, PepeCoin may face a decline following its resistance point at $5.50.

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Source: Altcoin Sherpa/X

Altcoin Sherpa also holds a positive view on Render (RNDR), the cryptocurrency utilized on the GPU rendering blockchain, as a long-term investment option in addition to memecoins.

Render’s current trading price is $10.06, indicating a slight rise in the past 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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