PEPE Could Double After Accumulation Phase, Analyst Predicts

A popular crypto analyst sees big potential ahead for Pepe (PEPE), a memecoin often compared to Dogecoin and Shiba Inu.
The trader known as Altcoin Sherpa predicts that PEPE could double in value after completing a period of accumulation similar to what was seen in late 2024.
Interestingly enough, PEPE also went through a 3 month accumulation/consolidation cycle in late Q3 2024 and then had another run in December. It’s currently in the same exact region in the same consolidation. I expect PEPE to do a 2x or something from the bottom at a minimum pic.twitter.com/ahgZcDWeqZ
— Altcoin Sherpa (@AltcoinSherpa) April 25, 2025
He noted that PEPE spent about three months consolidating last year before launching a major rally in December.
Now, with the token again moving sideways in a familiar price zone, Sherpa expects history could repeat itself — projecting at least a 2x move from the recent lows.
As for broader altcoin trends, Sherpa cautioned that traders should move away from the old idea of long, sustained “altcoin seasons.” Instead, he says, the market now offers brief periods of strength followed by months of volatility and sideways action.
He also remains optimistic about the short-term outlook, suggesting that Bitcoin holding above $90,000 provides opportunities for smart dip-buying in altcoins. Minor pullbacks, he says, should be seen as chances to accumulate rather than reasons to panic.