The current phase of the cryptocurrency bull market is full of promising coin projects, offering handsome rewards to their traders. Meme coins have now taken over, establishing their dominance over major crypto coins.
In an astonishing development, meme coins have been performing exceptionally well in recent times.
While Shiba Inu and Dogecoin have made waves with their recent price increases, newcomers like BONK and PEPE have also posted dramatic price increases. All coins have traded over 70% over the past month, raising new hopes for users.
Keeping this aspect in mind, here are our top 3 crypto coin picks that can turn your $1,000 into $10,000 in April 2024.
Also read: Three “outsiders” in the world of cryptocurrencies capable of generating stable profits
Top Three Meme Coins That Can Turn Your $1,000 Into $10,000 This April
Cryptocurrency #1 – Dogwifhat
Dogwifhat, also known as $WIF, is a recent addition to the cryptocurrency space. Although it is a newcomer, its remarkable price rise has forced major crypto coins to bite the dust. The token is up 20% in the last 24 hours and is trading at $3.73.
The token quickly became very popular among the masses. Dubbed a token driven by thriving community engagement and fun, WIF has taken over PEPE in terms of market cap metrics, proving its mettle and long-term potential.
According to CoinCodex, Dogwifhat’s bullish streak will not end anytime soon. According to the platform, the token could soon gain 250% to cross a new price threshold in April.
“According to our current Dogwifhat price prediction, Dogwifhat price is expected to rise by 224.25% and reach $12.17 by April 28, 2024. According to our technical indicators, the current sentiment is bullish, while the Fear and Greed Index displays 79 (extreme greed). Dogwifhat has recorded 17/30 (57%) green days with a price volatility of 30.72% over the last 30 days. ”
For the next week, CoinCodex predicts that WIF will cross the $4 mark.
Also Read: 3 Affordable Cryptocurrencies to Buy in April for Maximum Profits
“According to our Dogwifhat price prediction, WIF is expected to trade within a price range of $3.75 and $4.21 this week. Dogwifhat will rise by 12.10% and reach $4.21 by April 1, 2024, if it hits the all-time high value target.
As investors anticipate a bullish breakout soon, WIF can be one of the lucrative coins that can double an investor’s returns within the next month.
Cryptocurrency #2 – Dogecoin
Dogecoin is another OG crypto token ruling the space since 2015. The token has seen its fair share of ups and downs before reaching new price thresholds.
Dubbed “a fun, lightweight cryptocurrency that would have greater appeal beyond Bitcoin’s core audience,” Doge has performed incredibly well since its inception.
The token is up 7% in the last 24 hours. Doge’s recent price surge is noteworthy as the token recently anticipated an increase in its trading volume.
“Data suggests a significant increase in #Dogecoin transaction volume, from 1.22 billion to 9.20 billion in 48 hours.”
The token’s unparalleled popularity and loyal community base are expected to soon catapult its price. According to CoinCodex, Doge is expected to enter an uptrend soon. While Coinbase is in talks to launch Dogecoin futures, the price of the token is poised to gain considerable momentum in the future.
“Based on data as of March 29, 2024, 05:24 AM, the overall Dogecoin price prediction sentiment is bullish, with 28 technical analysis indicators signaling bullish signals and 3 signaling bearish signals.”
The platform predicts that Doge will trade between $0.18 and $0.91 in 2024.
“Dogecoin is expected to trade in a range of $0.187022 and $0.926824. If it hits the upper price target, DOGE could rise by 330.24% and reach $0.926824.
Cryptocurrency #3 – Shiba Inu
Shiba Inu is another legendary cryptocurrency coin that continues to prove its mettle and potential. According to CoinMarketcap, Shiba Inu is described as a decentralized, community-led currency owned by millions of people around the world. The token is one of the original meme currencies, which has cemented its position as the primary token governing the space.
The popularity of the Shiba Inu has skyrocketed over the years. The token is driven by strong investor sentiment. According to CoinMarketcap, the token is up 186% over the past month, trading at $0.00003081.
According to CoinCodex, Shiba Inu will soon show a bullish price threshold.
“According to our current Shiba Inu price prediction, Shiba Inu price is expected to rise by 229.71% and reach $0.000103 by April 28, 2024. According to our technical indicators, the current sentiment is bullish, while the fear and greed index shows 79 (extreme greed). Shiba Inu recorded 17/30 (57%) green days with a price volatility of 22.53% over the last 30 days.
With promising price action ahead, Shiba Inu can be another lucrative crypto investment that can double your returns shortly.
reference: watcher.guru