Max Schwartzman, the CEO of Because Bitcoin, has expressed a bullish sentiment toward PEPE, a meme cryptocurrency. According to him, PEPE is experiencing a price action similar to Dogecoin's in 2021, when it saw a significant bull run.
Schwartzman elaborated on this theory in a recent social media post, drawing parallels between the behaviors of both meme coins. The patterns observed in PEPE's price movement are claimed to reflect those of Dogecoin's during its monumental rise.
This comparison has ignited optimism among investors and enthusiasts, suggesting that PEPE might witness a similar upward trend if the patterns continue to align as hypothesized by Schwartzman.
