Observer Drift

$PEPE is not merely a memecoin. It is pure, bottled leveraged Ethereum with no liquidation risk. At the same time it is the first true memecoin. It is vital for market participants to recognise the difference between the many shi*tcoins on Solana with a very short shelf life and real memes, that live on Eth. Many CT natives will resist this point, because they can't admit their shi*tcoins are not real memes. Bitcoin maxis will refuse to acknowledge this distinction because it will crumble their entire worldview. Pepe has around half a million onchain holders. It has $43.2M L1 liquidity, compared to $5m for SHIB. Everytime Ethereum hit $4k, Pepe made a significant new ATH. When Eth breaks $4k and ATH, PEPE will flip SHIB and challenge Dogecoin for the #1 memecoin spot. How much real liquidity does Dogecoin have? It's all smoke and mirrors. Pepe is the first true distributed memecoin in history. I believe altcoins are bottomed. Many, including Pepe, slammed right into support. The vast majority of shi*tcoins and AI slop has been washed out. You are left with down bad Solana degens on CT who will do anything to make you believe that Pepe is not the chosen coin of this cycle, while they desperately try to gamble their way into a Pepe position, and Bitcoin maxis who will conveniently ignore Pepe, because it's counter to their argument. The evidence is in the chart and the evergrowing holder count (500 to 1000 new onchain holders every single day without fail). When Ethereum goes to ATH very soon, Pepe will go on a run that will mark the top of the entire crypto cycle. It started with Pepe and it will end with Pepe.