#Tradersleague Best Meme Coins to Buy Now: Pepe (PEPE)
Sometimes the best deals are the most obvious. The popular Ethereum-based coin Pepe (PEPE) is a widely agreed-upon choice among experts as the best meme coin to buy.
For beginners, experts believe that the risk-reward ratio leans heavily in favor of the bulls, considering that popular coins tend to outperform during a bull market dominated by retail investors.
From a technical analysis perspective, it appears that Pepe's chart is forming a massive cup and handle pattern, which is a strong bullish signal, and this will coincide with its breakout from a downward trend that has lasted for several weeks. The daily relative strength index is also on the verge of a significant breakout.
As expected, smart investors and whales have been buying the recent dip in Pepe's price, especially as it stabilizes above the support level of $0.0000108.
The on-chain data platform Lookonchain announced a $1.72 million purchase by a whale, who has now increased their PEPE holdings to $14.5 million.
There is a strong consensus among analysts that Pepe could reach a market cap between $10 billion and $15 billion this year, making it one of the best meme coin investments.