Cryptocurrency: 3 Meme Token Dips To Indulge In For Fast Profits
The cryptocurrency market is facing an intense dilemma, mulling over whether to inject more funds into the market or not. The dilemma has been triggered by the latest Bitcoin crash, spreading unease among investors. However, per notable financial analyst Elja, The current price slip is a response to the external market pressure, which will eventually help Bitcoin pick up its pace.Here’s our latest pick to help broaden your meme coin profit horizons.
1: Shiba Inu:Shiba Inu is dubbed an OG crypto meme token for many reasons. The token is backed by a solid community of loyalists and creators who are continuously working towards expanding its ecosystem. SHIB has historically been known to birth millionaires and disseminate profits over a set period of time. Moreover, the token is projected to surge 200% in May, adding more flavor to its ever-expanding user base. Per CoinCodex, Shiba Inu may surge up to 200% in May 2024.
2: Dogecoin:Dogecoin is another prolific crypto meme token to hold, primarily due to its increasing popularity and user base. The token is endorsed and explored by Tesla CEO Elon Musk, who has earlier given interviews praising Dogecoin as a lucrative investment tool.According to CoinCodex, Doge is also expected to note a 300% surge by the end of 2024, doubling the chance to distribute decent profits to its investors and holders.
3: BONK: The Solana-inspired Dog meme token BONK has shaken up the crypto world by showing its stellar league of price ascents. The token is currently up 8% in the last 24 hours, beating away last week’s dumping blues to trade in the green. According to CoinCodex, BONK may spike by 200% in May and might bounce to trade at $0.000109 by the end of 2024. BONK’s consistent price track makes it an attractive token to hold and explore for fast profits.