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Cryptocurrency Market: 3 Coins Poised for 100% Growth in April 2024
1. Shiba Inu (#SHIB) SHIB is currently priced at $0.00002, having dropped from last month's peak of $0.00004. Cryptocurrency analyst 'Rekt Capital' tweeted a prediction that SHIB could rebound this month, akin to its 2021 performance. Between August 2020 and October 2021, Shiba Inu skyrocketed by an astonishing 85 million percent. The analyst believes SHIB is mirroring its 2021 price trajectory and could see a surge during the Bitcoin halving.
2. Pepe Coin (#PEPE) Pepe Coin's global footprint expands with a new listing on international exchanges. The meme currency has surged by over 500% in three months, making it a standout performer in 2024. Its price has risen dramatically, offering substantial gains to investors. The upcoming Bitcoin halving event might further boost Pepe Coin's price, potentially reaching new highs in April 2024.
3. Dog Wif Hat (#WIF) DogWifHat (WIF) traded at $0.004 in December 2023 but has seen rapid growth in 2024. Within four months, WIF has shed its zeros and is now priced at $4.38.
@Plan-B Crypto Expert Team 👈 follow us temporary downfall 👇🏻 why ? 👇🏻 Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets
Looking beyond today's decline, investors may expect continued market weakness due to the tax season.
The dip occurred as stock markets sank during the U.S trading session amid rising fears of broadening conflict in the Middle East, as U.S. authorities warned that Iran could prepare to launch a significant attack on Israel.Ether (ETH), the second-largest cryptocurrency by market cap, fell as much as 12% to $3,100 before a modest bounce cut the decline to 8%.
Cryptocurrencies tumbled Friday as risk-off sentiment in traditional markets amid flared-up geopolitical risks spread over to digital assets. In fast downward afternoon action during U.S. trading, bitcoin (BTC) plunged below $66,000 after having challenged the $71,000 level just hours earlier. At press time, bitcoin had bounced back to $66,700, down more than 5% over the past 24 hours.
Ether (ETH), the second-largest cryptocurrency by market cap, fell as much as 12% to $3,100 before a modest bounce cut the decline to 8%.
The drawdown triggered the largest leverage washout in a month, liquidating some $850 million of leveraged derivatives trading positions across all digital assets. Some $770 million of those positions were longs betting on rising prices, caught off-guard by the sudden decline.
The dip occurred as stock markets sank during the U.S trading session amid rising fears of broadening conflict in the Middle East, as U.S. authorities warned that Iran could prepare to launch a significant attack on Israel.
$PEPE is ? PEPE is a deflationary memecoin launched on Ethereum. The cryptocurrency was created as a tribute to the Pepe the Frog internet meme, created by Matt Furie, which gained popularity in the early 2000s.
The project aims to capitalize on the popularity of meme coins, like Shiba Inu and Dogecoin, and strives to establish itself as one of the top meme-based cryptocurrencies. PEPE appeals to the cryptocurrency community by instituting a no-tax policy and being up-front about its lack of utility, keeping things pure and simple as a memecoin.
In late April to May 2023, the explosive surge of PEPE caused its market cap to reach a high of $1.6 billion at one point, minting millionaires out of early holders and attracting a strong community of like-minded followers. It has induced what some may dub a "memecoin season," causing other memecoins — some launched within hours — to go on spectacular pumps and just as astounding dumps. It remains to be seen if PEPE and other memecoins will go on to new highs, although that is certainly the hope of many believers waiting for the coming BTC halving cycle praying for a Bull Run.
The PEPE roadmap features three phases, where phase one includes listing on CoinMarketCap, and getting $PEPE trending on Twitter, while phase two includes listing on centralized exchanges (CEXs) and phase three includes “tier 1” exchange listings and what the team terms a “meme takeover.” $DOGE
As reported, traders have used meme coins as a proxy bet on Ethereum’s growth since late February. $PEPE Leads Meme Coin Rally as Ether Nears $4K. @Plan-B Crypto Expert Team 👆
Meme coins like PEPE, SHIB, and DOGE have surged as much as 26% in the past 24 hours due to a “spillover effect” from the growth of Bitcoin and Ethereum. Traders have been using meme coins as a proxy bet on Ethereum’s growth since late February, and the bullish demand for ETH has been increasing since mid-January due to expectations of a spot ETF approval in the U.S. Pepecoin (PEPE), shiba inu (SHIB) and dogecoin (DOGE) jumped as much as 26% in the past 24 hours as ether (ETH) inched towards $4,000, a level it previously saw in December 2021. PEPE jumped 26% on renewed optimism, while DOGE and SHIB reversed Thursday’s losses to rise 10%. The meme coin category tracked on CoinGecko showed an 8.6% sector growth on average, “Investors will take advantage of bullish conditions as much as possible, and meme coins are one way for them to do so. In the short-mid term, I expect a transition back to ‘fundamentally driven’ altcoins,” Heil cautioned. Bullish demand for ether started to increase in mid-January amid expectations that it would be the next major token after bitcoin (BTC) to get a spot exchange-traded fund (ETF) in the U.S.
1. According to our experts (Plan-B) Right time to invest in $PEPE 200% 💥
2. $SOL fell nearly 18% due to a very specific reason FTX sold two-thirds of its Solana tokens at a significantly discounted price (sources report around $60-70 per Solana). We believe Solana will rebound to its previous price range of $210-300 in the upcoming days.💰
Top 4 Meme Tokens with 300x Potential in the 2024 Bull Run! 🔥💥👇🏻👇🏻
1. PEPE 🐸 - Market cap: $1.78B - Monthly return: 355.96% Dive into the world of Pepe, the iconic internet meme frog! Born in April 2023, Pepe has been riding a bullish wave, witnessing a staggering 355% surge in the past 30 days alone. With a total circulating supply of 420 trillion tokens, and over 90% securely locked in liquidity pools, Pepe continues to make waves in the meme token arena. --- Plan-B---
2. Dogwifhat (WIF) - Market cap: $1,670,708,124 - Monthly return: 648% Enter the realm of Dogwifhat, a playful digital token within the Solana ecosystem! Imagine a whimsical puppy donning a stylish hat as its logo, symbolizing the lighthearted spirit of meme coins. Join the meme coin gang and embrace the fun-filled world of cryptocurrencies circulating swiftly and effortlessly. ---Plan-B---
3. Bunker - Market cap: $1.6B - Monthly return: 132% Welcome to the Solana blockchain's own Bonk, stirring excitement since December 2022! Bonk's journey is marked by its close ties to Solana's meme culture and vibrant, meme-driven marketing. Despite challenges, Bonk has showcased remarkable growth, soaring over 2,233% in the past year alone. ---Plan-B---
4. CORJIAI - Market cap: $1.16B - Monthly return: 91% CorgiAI, the unique meme coin cruising the Cronos blockchain landscape! Combining the playful essence of meme coins with cutting-edge artificial intelligence technology. ---Plan-B---
Explore these meme tokens with astronomical potential and embark on an exhilarating journey into the vibrant world of cryptocurrency!
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Our risk checks have not detected risks, however, this does not mean it's risk free. Pepe Coin is currently trading at $0.00000689 after losing -14.08% in the last 7 days. According to our price prediction, the price of PEPE will rise by 48.92% in the next 7 days and reach $0.00001033. The long-term forecast for Pepe Coin is bullish, as our Pepe Coin price prediction estimates that the PEPE price will reach $0.00001893 1 year from now, which would represent a 167.69% The Pepe Coin price prediction for next week is between $ 0.000009884 on the lower end and $ 0.00001146 on the high end. Based on our PEPE price prediction chart, the price of Pepe Coin will increase by 15.90% and reach $ 0.00001146 by Apr 14, 2024 if it reaches the upper price target.