The element of quick, quick profits has always seemed lucrative to investors. The cryptocurrency vertical promises tempting returns to its explorers, provided investors pay attention to the minute price upside trajectories that altcoins usually represent. It takes a keen eye and analytical mind to track such small, yet basic changes.
While quick profits may be fortunate for some, they are termed as rare occurrences that may occur from time to time but have the potential to satisfy an investor’s appetite for wealth to the fullest.
However, users should exercise caution as the crypto market is full of volatility and predictions may not always work out as expected. Here are the top three fast-profit coins that can transform an investor’s portfolio overnight.
Also Read: Price Analysis of Solana Meme Coins BONK, DogWifHat and Maneki for May
Best Coins to Buy in May for Quick Profits
Cryptocurrency #1: DogWifHat
Dogwifhat, or WiF, is all the rage these days. The Solana-based dog meme coin has sparked notable speculation, with investors investing thousands of dollars to hold WIF for future breakouts.
According to CoinCodex, WIF could increase by 200% in May 2024, providing exceptional returns to its holders.
“According to our current Dogwifhat price prediction, Dogwifhat price is expected to rise by 228.88% and reach $8.67 by May 30, 2024. According to our technical indicators, the current sentiment is bearish, while the Fear and Greed Index displays 67 (greed). Dogwifhat has recorded 13/30 (43%) green days with a price volatility of 17.36% over the last 30 days.
Cryptocurrency #2: Shiba Inu
The Shiba Inu is one of the original meme currencies. The token has been shaking up the crypto world since its inception and is now working to expand its ecosystem to onboard new users. The SHIB ecosystem is currently gearing up to launch a host of new offerings, including initiatives inspired by ShibaHub and ShibaP2E to attract more volumes to the ecosystem.
According to CoinCodex, Shiba Inu is also poised to surge almost 200% in May 2024.
“According to our current Shiba Inu price prediction, the Shiba Inu price may increase by 227.54% and reach $0.00007864 by May 30, 2024. According to our technical indicators, the current sentiment is bearish, while the fear and greed index shows 67 (greed). Shiba Inu recorded 14/30 (47%) green days with a price volatility of 8.96% over the last 30 days.
Cryptocurrency #3: BONK
The current bull market has been swept away by meme coins launched in Solana. BONK, a dog-inspired meme currency on Solana, has also taken the crypto world by storm, giving birth to millionaires in a short time. BONK has surged 3,685% over the past year and is currently trading at $0.00002368.
Also Read: Cryptocurrency: 3 Coin Drops to Mine for 50x Returns
BONK is also a fantastic fast profit spreader, capable of generating rapid returns. According to CoinCodex, BONK is expected to see a 200% surge in May, which will propel its price to $0.00008243.
“According to our current Bonk price prediction, Bonk price may increase by 229.05% and reach $0.00008243 by May 30, 2024. According to our technical indicators, the current sentiment is neutral, while the Fear and Greed Index shows 67 (Greed). Bonk recorded 16/30 (53%) green days with price volatility of 19.29% over the last 30 days.
reference: watcher.guru