Glauber Contessoto, popularly known as SlumDOGE Millionaire, advocated buying ‘conviction plays’ like frog-themed Pepe (CRYPTO: PEPE) on Thursday, amid a broader slump in the meme coin market.
What Happened: SlumDOGE Millionaire encouraged his X followers to seize the opportunity presented by the ongoing correction to invest in meme coins “like there’s no tomorrow.”
However, the popular trader was specific about the coins to consider. “And when I say meme coins, I don’t mean max extract Dave Portnoy bullshit,” referring to the controversial promotions by the Barstool Sports founder.
He highlighted “conviction plays” like PEPE, Brett (CRYPTO: BRETT), Floki (CRYPTO: FLOKI), and Official Trump (CRYPTO: TRUMP) as the ideal bet in these times.
Full story available on Benzinga.com