Martin Shkreli told his X followers that the price of popcat would fall, but experts still believe other meme coins have the potential to earn.
One of the most promising new meme coins on the market right now is Pepe’s meme index and ideas.
shkreli bearish popcorn liquidity
The controversial “Pharma Bro” Martin Shkreli said Popcat’s $8 million liquidity pool is a sign of the token’s concern, especially given the price action that has been depressed in recent months.
After reaching its peak at $2.07 on November 17, Popcat dropped 88% to $0.24. For $1 you invested at the top, you have $0.11 now.
You might think it’s a buying opportunity, but Shkreli said.
“Despite the $8 million ‘liquidity pool’, $200 million. If the holder tries to sell all of this, the payment will be only $8 million.”
For sale/short $ popcat. Despite $8 million in the “liquidity pool,” this dead memetic barrier is still worth $200 million. This means that if the holder tries to sell all the holders, then there is only $8 million to pay 😂😂😂😂
– Martin Shkreli (@martinshkreli) February 6, 2025
Shkreli does receive some push, with one of the X users highlighting through Jantto that this is the purpose of automated market makers (AMMS) that it can better utilize the available liquidity than order book exchanges.
😂I don’t think I understand AMM
-Jantto (@ottnaj) February 6, 2025
Another X user, Brew.Pop, emphasized that Shkreli also did not consider centralized exchange liquidity where a large number of transactions occurred.
Do you include CEX liquid martini?
– brew.pop (@PotionMaster777) February 6, 2025
But despite its resistance, the performance of the bombings has been shocking in recent months.
Coinbase lists popcorn and then it goes round-trip to the machine
Worse, Coinbase just listed popcorn on its exchange, but after the rally, its price was quickly eliminated.
Prior to Coinbase’s listing, Popcat traded at $0.22. After the announcement, it soared to $0.26 but was hammered back to a low price of $0.2.
The good news is that the price has now recovered most of its gains, trading at $0.24. But this is another example of Popcat’s inability to maintain a strong uptrend without the same sales pressure.
Several meme coins have caused serious hits recently. The other is dogwifhat. Currently, it is down 37% this week, down 86% from its all-time high (ATH).
Currently, WIF is trading at $0.66, but Shrekli says it will reach $0.03.
$ wif To reach 0.00-0.03
– Martin Shkreli (@martinshkreli) February 7, 2025
The crypto market has changed recently. There is no single meme coin trying to stay floating – but that doesn’t mean the entire meme coin department is dead.
For example, Berachain is a layer 1 blockchain that uses Meme Coin features, up 531% from the issuance price two days ago.
Meanwhile, in the coming months, experts are offering huge benefits to other utility-centric meme coins.
Best Meme Coins to Buy – $MEMEX and $MIND Skew to 100x
Utility-centric meme coins performed significantly better than the recent non-unique meme coins. An example is Meme Index. The project is under pre-sale and has raised $3.4 million so far.
It is building a trading platform that allows users to buy diversified meme coins. Four are provided, ranging from low to ultra-high volatility.
Purchasing a diversified basket spreads risks compared to investing in a single meme coins.
Additionally, the platform is chain-chain and KYC-free, meaning traders can use it anywhere. However, users must hold $MEMEX to access the platform, which means the demand for tokens will be consistent with the popularity of the platform.
Analysts on the Cryptonews YouTube channel recently released a project review and suggested it has 100 times the potential. One of the main reasons is that its innovative approach is to make investing in meme coins easier.
https://www.youtube.com/watch?v=sjdfcsbyl-k
Together with meme index, Pepe’s heart There is great potential at present. The project is an AI agent that operates its own X account and crypto wallet.
Unlike many AI agents on the market, it not only takes the AI hype train, but the agents will make money.
It can write tweets, monitor trends, launch tokens and interact 24/7 with blockchain applications without human interference.
The program is to identify and share emerging trends with $thinkers. The agent will then also launch its own token chain and first access $Mind Holders. It can write tweets to promote it to a larger audience and increase prices.
While memes like meme coins and dogwifhat are mere images of cute animals, Pepe’s ideas are on the cusp of blockchain innovation.
It’s easy to see why analysts like Claybro say it can be 100 times.
https://www.youtube.com/watch?v=qttnbkkku3c
The project is undergoing pre-sales and has raised $5.4 million so far.
