One popular analyst has set their sights on Pepe (PEPE), believing the coin could pump in the next bull run.

At the same time, Pepe Unchained (PEPU) is continuing to impress in presale, having now raised over $14.7 million.

Analyst Predicts Price Explosion for Pepe Coin

In his recent YouTube video, PostyXBT gave a deep dive into why PEPE might be about to explode.

He described PEPE as the “most memeable meme coin in existence,” making it clear that the token’s hype isn’t about fundamentals, but meme culture.

PostyXBT’s statement is correct – PEPE is currently the 3rd largest meme coin globally.

It has a circulating supply of 420.6 trillion tokens and a market cap of over $3.3 billion.

Only DOGE and SHIB are larger.

But PostyXBT thinks PEPE’s market cap could be about to multiply.

He outlines three potential outcomes, with his “realistic” target being an 8x increase, which would put PEPE’s market cap at around $25 billion.

That would also make PEPE the world’s largest meme coin.

While he admits this is speculative, the inverse head and shoulders pattern forming on the charts could be a bullish signal.

Overall, PostyXBT thinks PEPE’s next big move might be right around the corner.

Q4 2024 Will Be Bullish, According to Top Analyst

PostyXBT didn’t stop at PEPE.

He also shared his broader outlook on why he’s bullish on crypto heading into Q4 2024.

He highlighted five key factors that have made him feel optimistic.

First up is the FTX repayment plan, which could pump around $1.5 billion back into the market – a nice injection of liquidity.

Then there’s the upcoming U.S. presidential election, where we might see the first pro-crypto president, with Trump showing inter