Altcoin Sherpa: Beaten-Down Meme Coins May Still Have Room to Run
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Market Stability: Altcoin Sherpa highlights that despite severe drawdowns in many meme coins, there remains potential for recovery if Bitcoin stays stable, especially as current prices approach long-term support zones.
- Price Behavior Analysis: Several meme coins like PEPE and BONK exhibit classic post-hype cycles, where, despite significant price retracements, market volatility has decreased and selling pressure has weakened, indicating fading downside momentum.
- Investor Sentiment: While Altcoin Sherpa cautions against expecting meme coins to return to all-time highs, he believes that in a stable Bitcoin environment, even modest inflows can generate significant percentage gains.
- Recovery Opportunities: Meme coins do not need to revisit their all-time highs to deliver strong percentage gains; the current market conditions suggest that even partial recoveries could yield multiples, although the overall trend remains bearish.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







