Pepe, Dogecoin At The Center Of Crypto Influencer Discussion: 'If People Want To Make Money, They're Going To Go To Meme Coins'

Crypto influencers Jordi Alexander, Justin Bram, Taiki Maeda and Miles Deutscher recently explored the surge in meme coins and their evolving investment strategies.

What Happened: In the latest update of the ‘Steady Lads’ podcast, Justin Bram, previously focused on Ethereum ETH/USD, revealed a major shift in his strategy, stating, "I can confirm that I’ve sold some ETH," to invest in meme coins like Pepe PEPE/USD.

Taiki Maeda echoed this shift, expressing reduced excitement for Ethereum, adding, "If people want to make money, they’re going to go to meme coins."

Miles Deutscher shared his success story with Pepe, which he bought at a $100 million market cap before its climb to $10 billion, advocating for "concentrated diversification" in investment strategies.

The group discussed meme coins' rapid repricing, with Miles noting, "Clusters of memes under $200 million have quickly jumped to the $400-$600 million range." They also highlighted Bitcoin’s BTC/USD strength and institutional interest, with Taiki predicting, "Dogecoin DOGE/USD is going to flip Solana SOL/USD."

Also Read: EXCLUSIVE: Binance CEO Richard Teng Says 2025 Will Outshine 2024 For Crypto

While meme coins are gaining momentum, influencers expressed caution. Justin pondered, "What is the signal to get out?" emphasizing the volatility and timing challenges of such investments.

The discussion reflects the evolving dynamics of crypto investing, as even seasoned traders pivot to capture the current market trends.

What’s Next: The influence of meme coins is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.

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