When Meme Coins Play the Tired Game: A Crypto Expert’s Witty Warning 🤔💰

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Dearest crypto enthusiasts, Sherpa has graciously shared with us a series of charts that highlight the oh-so-bullish phases of our beloved meme coins. These delightful rallies, ranging from 44 to 73 days, have been as predictable as a London fog in November.

While these price surges have been as impressive as a well-rehearsed monologue, they do follow a rather predictable pattern, much like the plot of a third-rate farce.

In a follow-up analysis, our dear Sherpa has pointed out that POPcat, the darling of the meme coin world, is showing early signs of a potential double top. A bearish chart pattern, if you will, where two peaks form at similar price levels, often signaling a trend reversal. How thrillingly dramatic!

 

He noted, with a twinkle in his eye, that the token has made a lower high and is now pulling back. However, he doesn’t believe the bull cycle is necessarily over just yet. “The next few days should be pretty telling,” he said, suggesting that traders should watch closely for confirmation of whether this is a temporary correction or a more structural shift in sentiment. After all, one must always be prepared for the unexpected, much like a sudden downpour at a garden party.

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2025-05-24 08:04