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The cryptocurrency market is digesting the SECs surprise spot Ethereum ETF approval. While the leading crypto Bitcoin is struggling around the $69,000 level, the leading altcoin Ethereum is trying to protect its gains. In this environment, some meme coins are attracting attention with their performance. A crypto analyst with a large following updates his views on smart contract platform Ethereum and memecoin Pepe, saying that one of the top 10 altcoins will eventually see a 500% increase.

As you have been following on Kriptokoin.com, cryptocurrencies, especially Bitcoin, continue to show strength. Analysts are very hopeful about some tokens. The analyst nicknamed Altcoin Sherpa says that the meme coin Dogecoin (DOGE) will eventually reach $ 1. In this context, the analyst said, Jeets may be selling you today, but we will eventually send DOGE to $ 1. Kabosu. Thank you for your service, he says.

Dogecoin, meanwhile, was trading at $0.1651 at the time of writing, with slight gains in the last 24 hours. DOGE also gained nearly 8% on its weekly chart.

Altcoin Sherpa then looks at the leading altcoin Ethereum. The analyst says it is still bullish against Ethereum. The analysts chart shows that ETH will surpass the $3,980 level in a few weeks. Accordingly, the analyst said, ETH: It has reached the key level. But as long as everything is cleaned up, we expect this level to be broken in a few weeks. It is still on the rise. he says.

Ethereum, meanwhile, was trading at $3,742 at the time of publication, up 0.6% in the last day. In addition, ETH is sitting on a gain of over 20% on the board chart.

The analyst says that PEPE is a good long play when it comes to meme assets. He also notes that it should rise relatively more than DOGE. In this context, the analyst makes the following statement:

If youre looking for a great long-term meme coin, I think PEPE is fine. Good liquidity, strong volume, I think its definitely catching up a little bit with the others. Im not saying its going to flip DOGE or anything, but it should go up relatively more. There are longs in the green boxes.

Meanwhile, PEPE was trading at $0.000015 at the time of writing, up 5% on a daily basis. On the weekly chart, PEPE has gained over 60%. Earlier this week, Sherpa noted that based on buyer demand and trading volume, PEPE has the potential to outperform large-cap meme assets.

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Veteran Analyst Reveals 3 Tokens for Explosive Altcoin Seekers! - Kriptokoin.com