Millionaire Trader Says Dogecoin, Bonk, Trump Memes Have Bottomed
Posted On February 14, 2025
Prominent trader Unipcs believes meme coins have a history of explosive comebacks when least expected, suggesting a meme coin comeback could be around the corner.
What Happened: The trader argued in a post on X on Friday that the risk/reward (R/R) ratio favors longs, as the biggest meme coins have already corrected 70-90% from their peaks just months ago.
He believes the key catalysts include the SEC acknowledging a Dogecoin ETF filing, which could spark a massive move in DOGE and provide tailwinds for other meme coins.
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