3 Meme Coins for Sale in March Before They Crash and Burn
These digital tokens are extremely volatile and speculative in nature. Meme coins are highly speculative and risky investments. Based on internet memes and cartoon images with no underlying function, meme coins remain the Wild West of the cryptocurrency universe.
Here are three meme coins for sale in March before they crash and burn.
1. Bonk (BONK)
Launched in 2022, Bonk serves no purpose and it is difficult to determine the reasons for its rally because trading in meme coins, many of which were started as a joke, is highly speculative. Bonk's listing on several cryptocurrency exchanges such as Crypto.com appears to have been a catalyst for the digital token. That said, investors would do well to avoid Bonk's volatility and simply invest in Solana, which is up 40% this year.
2. Dogecoin (DOGE)
Dogecoin rose 80% to now trade at 17 cents. Over the past 12 months, its price has gained 135%. This is better than most stocks and incredible considering DOGE was launched simply as a joke and serves absolutely no purpose.
DOGE now appears to be rising purely based on the broader cryptocurrency rally. There is no news that drives up the price of this meme coin, and Dogecoin has not changed anything over the past year. However, Dogecoin remains extremely volatile and risky. And despite its strong rise over the past 12 months, this meme coin is currently trading 73% below the all-time high reached in spring 2021.
3. Shiba Inu (SHIB)
That said, SHIB has had a monster rally this year, up 200% since January 2nd. This is a bigger gain than Bitcoin or Ethereum. Like the other names in this gallery, Shiba Inu is benefiting from the current crypto rally.
