As Bitcoin hits new all-time highs, the cryptocurrency market is energized by new promising activity. The surge in new tokens and meme projects can be daunting for the average user and cause some confusion at first.
In this bullish golden period, the cryptocurrency market is full of new developments and projects that promise to bring huge returns. With this in mind, we have selected the top three affordable cryptocurrencies that can bring the greatest profits during the ongoing bull market phase.
Three Affordable Cryptocurrencies That Can Bring the Biggest Profits
1. Cryptocurrency: #狗狗币
Dogecoin is one of the leading meme currencies that has successfully established its reputation as one of the world’s major cryptocurrencies. CMC describes Dogecoin as appealing to a wider audience beyond Bitcoin, labeling it a “fun, lighthearted project with solid potential.”
The coin has now transcended its meme incarnation and has generated significant profits for those who have fully explored the coin’s potential. According to CoinMarketcap, Dogecoin gained 93% last month before a slight drop of $0.84 in the past 24 hours. Dogecoin is expected to enter a bullish trend this year with a target of $0.1835.
“Dogecoin is expected to trade between $0.157715 and $0.796408. If the upper target price is reached, DOGE could rise by 333.79% to $0.796408.”
Likewise, with Dogecoin futures set to launch soon, experts expect the price of Dogecoin to surge, bringing huge returns to its holders.
Cryptocurrency: XRP#xrp
Ripple is another promising cryptocurrency that will gain mainstream momentum sooner or later. Its solid fundamental strength and use cases make it a profitable coin to hold and explore in the long term.
XRP has an excellent working performance and is an open-source, permissionless, low-cost blockchain that can conduct transactions in record time. The blockchain also includes a DEX and has custom tokenization capabilities, which takes its prospects up a notch.
CoinMarketCap reports that XRP is experiencing a minor downtrend but is expected to gain more market momentum soon. Ripple’s unique use case is able to enhance XRP’s current market position as it is trading at $0.6193.
According to data from CoinCodex, Ripple is experiencing slight resistance before setting a new all-time high.
“The price of XRP is expected to rise by 7.55% to $0.680671 by April 26, 2024. According to our technical indicators, the current sentiment is neutral, while the Fear & Greed Index shows 83 (Extreme Greed). XRP has recorded 18/30 (60%) green days in the past 30 days, with a price volatility of 5.05%. “
With XRP’s stabilization approach and diverse deployment cases, Ripple can also become an affordable cryptocurrency in the long run.
3. Cryptocurrency: Shiba Inu Coin#SHIB
Shib is another meme-inspired token that has gained incredible popularity among users and traders. Known as a decentralized, community-led token, Shiba Inu has dominated the cryptocurrency rankings, surpassing giants such as Polka Dot, Chainlink, and Toncoin.
Created by anonymous cryptocurrency enthusiast Ryoshi, the token has been loved by consumers since then, trading at high and neutral levels. According to CoinMarketcap, Shiba Inu has gained nearly 193% in the last month. The token is trading at $0.00003069, which is reasonable to hold and may explode at any time.
According to CoinCodex, considering that Shiba Inu follows the current market wave and excitement, it will soon reach a new ATH. With its progressive price trajectory, Shiba Inu could be another promising coin worth exploring in April.
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