So the whole halving stuff have raised a lot of hope for so many investors that are looking for project to invest into hoping to get good returns at the end of the halving and those that don't have enough resources to investing into Bitcoin are already stacking up some altcoins hoping they will 100× in few weeks times and I just want to get something right here.
Do you know that for every 100x made from meme coins, there are more than 1000s of people that lost their investment in every week candle that crashed? I just think that meme has made crypto look so down that people don't even want to look at the good prospects of crypto but anything that can give them huge return even though it's a scam, they are ready to do it. I just want you to know that the glorious days of 100x on shit coins are gone unless things changes in the future.
A friend bought an $100 worth of Pepe coin and his intentions is to hold it till at most the 20th of next month and the dude is mad certain about how pepe coin will go above it previous ATH and that he is certain to get at least a $400 out of his investment within such space of time. I'm not really a fan of altcoin that much because I haven't invested too much into them and mostly rely on stacking my BTC but considering this scenario, how realistic do you think his investment decision is?
If Bitcoin rises up to $100k and above, how will it affect pepe coin?
Your friend must be an oracle to know what crypto hold for the next 20 months. You guys really want to make millions from your $100 investment, this is wow but I hope you know that $2b by market cap, if you want to see 100x from PEPE in the future, you should expect it to be $200b by market cap and that means it will be sitting next to ethereum by market cap. Do you have the money to pump such kind of meme coins to that level? I think you need to phone Elon Musk to help make the bidding faster. That said.
Bitcoin now belongs to the elite of institutional investors, Bitcoin can move by 20% and it's possible for altcoin dominance to remain the same. It wouldn't move an inch but might be consolidating until the whales decide to move from Bitcoin to altcoins and that doesn't guarantee that PEPE will pump. Just know that each coins has their own time that people engage on them. There was a month that meme coins were the only coins that were traded by traders and I think that's when PEPE blew up again. Just stay safe in your meme journey.