i currently hold no $PEPE, but the strength this has been showing whenever $BTC pumps even a little is incredible
i think $PEPE is going to be one of the cryptocurrencies many will be talking about in the coming weeks/months
alongside $USELESS
both were among the early outperformers this year and continue to show strength
they're bellwether assets that reinforce my conviction that memecoins will continue to play a key role in the future of crypto
it's fascinating how $USELESS & $PEPE started the year outperforming almost everything else
and now the exact same pattern is repeating as we approach year-end
except this time, $USELESS is up 163% from its yearly open while $PEPE is up just 14%
USELESS has outperformed PEPE by more than 10x this year
(and both memecoins have outperformed pretty much every other memecoin on a decent enough timeframe)
in a market this volatile and unpredictable, identifying the assets that consistently bounce the hardest after corrections is EVERYTHING
anyone can look like a genius during a broad market pump
but when the market gets choppy, capital starts separating the assets the market truly wants from everything else
the assets that get bid the hardest during every recovery are often the same ones that aggressively outperform when the market finally returns to a sustained uptrend
and all year long, not a single memecoin â old or new â has consistently demonstrated stronger relative performance than $USELESS
the market keeps showing you what it favors
at some point, you have to pay attention
$USELESS is THE memecoin of this cycle
and i think the gap between those who recognize it now and those who realize it in hindsight is going to be enormous