Recently, memecoins that experienced significant losses may attract renewed interest from investors. Crypto analyst Altcoin Sherpa suggested that certain long-standing memecoins could rebound in the coming period. According to the analyst, these tokens, which primarily operate based on investor interest, could gain significant traction as the market heats up. Sherpa particularly emphasized popular projects like BONK and PEPE.
Why are Memecoins Back in the Spotlight?
In evaluations shared via social media, Altcoin Sherpa indicated that memecoins could experience another rise over time. The analyst pointed out that the nature of these tokens is inherently attention-driven, suggesting that some projects may stand out again as investor interest reignites. Sherpa argued that tokens that have managed to stay in the market for a long time are in a more advantageous position.
Memecoins typically gain value through community support and social media interaction. As a result, price movements often depend more on market interest than technical or fundamental analysis. Altcoin Sherpa believes that when market activity resumes, these attention-focused projects may rise unexpectedly but warns that it is still early to predict which projects will emerge on top.
Sherpa’s Focus on BONK and PEPE
Among the two memecoins highlighted by Sherpa are Solana 
$89-based BONK and Ethereum 
$2,421-based PEPE. The analyst noted that BONK’s price has decreased by 85% from its peak, potentially making it attractive. Regarding PEPE, Sherpa mentioned that its price might be very close to a bottom level. The performance of these tokens in the future will largely depend on Bitcoin’s direction and overall market trends.
Projects like BONK and PEPE are supported by decentralized communities and often emerge in the spotlight due to sudden price surges or drops. Sherpa pointed out that PEPE tends to move in parallel with Ethereum’s price. However, he believes that if Bitcoin 
$77,196 experiences a strong rally, PEPE could benefit from that situation.
The analyst stated that these two projects are sensitive to market conditions, and investors should formulate their strategies accordingly. The volatility in the cryptocurrency market makes memecoins both appealing and risky. Sherpa reassured long-term investors, stating, “Most memecoins have experienced sharp declines, but they may recover over time.”
