Renowned cryptocurrency trader, The Flow Horse, is predicting a significant surge in altcoins following a substantial correction. With a following of 200,300 on the social media platform X, he anticipates that altcoins will rebound from their market bottom through mean reversion, excluding Bitcoin from the equation. He suggests that some altcoins will experience a strong bounce and advises his followers to consider creating a shopping list for potential investments, expressing a sense of indifference towards trading until at least July.

The trader also singles out Pepe (PEPE) as the memecoin that he believes will outperform others, such as dogwifhat (WIF). He acknowledges that memecoins are still relevant and highlights PEPE as the most promising option. At the time of writing, PEPE is trading at $0.00001272, marking a 20% increase in the last 24 hours.

In contrast, the trader suggests that WIF may have reached its lowest point and is unlikely to drop to the $1 level. Despite his personal feelings, he expresses a preference for buying rather than selling, indicating that obtaining $1 fills would be ideal but is unlikely to occur. At the time of writing, WIF is trading at $2, reflecting an increase of nearly 19% in the last 24 hours.

It’s important to note that The Flow Horse’s opinions are not to be interpreted as investment advice. He encourages investors to conduct thorough research before engaging in high-risk investments in Bitcoin, cryptocurrency, or digital assets. Additionally, he emphasizes that all transfers and trades are performed at one’s own risk, and any resulting losses are the responsibility of the individual. The Daily Hodl, where the article was sourced, does not advocate for the purchase or sale of any cryptocurrencies or digital assets, and it is not an investment advisor. The publication also participates in affiliate marketing.