**🔥🔥🔥Don't guess why PEPE surged 20%! The truth is that U.S. retail investors are engaging in 'legal tax evasion' practices, and 2026 might be repeating the 'Four Year Dog' wealth script.**
$ETH $PEPE Last night, PEPE suddenly surged over 20%, and many thought it was just market sentiment speculation. However, behind this is a calm 'tax planning' action. U.S. investors are utilizing the characteristic of cryptocurrencies being viewed as 'property' by the IRS, selling off losing positions at the end of the year to offset taxes, and immediately buying back at the start of 2026. On-chain data also shows that a large amount of PEPE is flowing to U.S. retail platforms like Robinhood—this is not FOMO, but a return of smart funds.
**But this is just a short-term window. More importantly, historical cycles are ringing the alarm:**
In 2020, DOGE; in 2021, SHIB; in 2024, PEPE... every four years, the market always sees a phenomenal meme coin emerge. Now that 2026 is here, with the Ethereum upgrade imminent, the ecosystem urgently needs a new narrative to break through—has the next 'Dog King' already been brewing?
The current macro environment is equally crucial: non-farm data, unemployment rates, and Federal Reserve interest rate cut expectations are affecting global liquidity. If U.S. stocks strengthen due to easing expectations, overflow funds are likely to flood into the crypto market, and high-risk, high-volatility meme coins often become amplifiers of sentiment. However, it is important to note that this remains an extremely high-risk area, and any project could go to zero.
**History does not simply repeat itself, but capital always seeks memory.**
When the tax window meets the four-year cycle and coincides with the Ethereum ecosystem upgrade and macro liquidity shift, the story of 2026 might be more exciting than imagined. Do you believe the next meme craze will be ignited by the Ethereum ecosystem? Feel free to share your observations rationally in the comments section.
(Investment carries risks; this article is only a market analysis and does not constitute any advice.)
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