A crypto strategist with a large following on social media believes that two popular memecoins are on the verge of reaching new all-time highs.

Bluntz, an analyst known for his pseudonym, recently shared his thoughts on Pepe (PEPE) and Floki (FLOKI). Despite already experiencing a surge of over 140% this month, Bluntz believes that PEPE still has room to grow. He shared a chart indicating that PEPE could potentially reach new record highs of $0.000028.

Bluntz’s optimism extends to Floki as well, as he compares its current performance to the all-time highs of PEPE. He shared a chart that suggests FLOKI could soar to $0.00044, surpassing its previous peak. Currently, FLOKI is trading at $0.000294.

In addition to these memecoins, Bluntz is also closely monitoring the altcoin Ethereum in its Bitcoin pair (ETH/BTC). He predicts that ETH/BTC will experience a dip below 0.052 BTC ($3,553) before rallying to 0.06 BTC ($4,100). Bluntz supports his analysis with the Elliott Wave theory, which suggests that assets often correct after a five-wave surge. He also points to a bearish divergence, indicating a loss of momentum despite recent gains. Currently, ETH/BTC is trading at 0.05625 BTC ($3,842).

As always, it’s important for investors to conduct their own research and exercise caution when investing in high-risk assets like Bitcoin, cryptocurrencies, and digital assets. The opinions expressed by Bluntz are not investment advice, and any losses incurred are the responsibility of the individual investor. The Daily Hodl encourages readers to stay informed through their email alerts and to follow their social media accounts for the latest updates.