Memecoins
3 Best Meme Coins to Buy Today for Good Profits
The cryptocurrency market is filling up with meme coins and new meme tokens that are taking over the current market dynamics. These tokens are surpassing normal price thresholds, outpacing major cryptocurrencies in their wake. The sudden increase in prices of such tokens also invites new and old investors to participate in such price increases to secure reliable profit margins in no time.
Keeping this in mind, here are the three new meme coin tips that you need to buy today to make good profits.
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Top 3 Meme Coins to Buy Today for Good Profits
Cryptocurrency no. 1: GME
The GME token is the newest token, which has shaken the cryptocurrency market by increasing by almost 400% in the last 24 hours. The token draws inspiration from the gaming company GameStop but has no official relationship with the company.
The token surged nearly 400% following the rise to fame of Roaring Kitty Keith Gill, who posted a video about X, triggering a massive GME rally.
For CoinCodexthe GME Fear and Greed Index sits at number 64, signaling a bullish start for the token to bask in. GME is trending in the greed category, denoting that the token can earn a profitable return for its holders.
“GME reached its highest price on May 14, 2024, when it was trading at its all-time high of $0.019508, while GME’s lowest price was recorded on May 1, 2024, when it was trading at its all-time low of $0.000411. The lowest price since ATH was $0.010901 (cycle low). GME price prediction sentiment is currently strong, while the Fear & Greed Index shows 64 ((greed).”
The GME token surged 700% to $28 million overnight 📈
Apparently after Roaring Kitty returned and posted a single meme.
GME stock also rose 34% before the market opened.
The power of memes… pic.twitter.com/NRtmlfOBC7
— TylerD 🧙♂️ (@Tyler_Did_It) May 13, 2024
Cryptocurrency no. 2: BONK
The Solana-inspired BONK token meme needs no further introduction. The token has continued to set new price milestones, reaching 45% in the last month. According to CoinMarketcap, BONK is up 3% over the past 24 hours, and was trading at $0.00002428 at the time of writing. The token is dubbed the only “dog-themed token” on Solana, drawing inspiration from giants like Shiba Inu and Dogecoin.
For CoinCodex, BONK could drop to zero by the end of this month, raising its valuation to a new level. According to CC, BONK could rise nearly 200% to trade at $0.00007767.
“According to our current Bonk price prediction, the Bonk price is expected to increase by 227.97% and reach $0.00007767 by June 14, 2024. According to our technical indicators, the current sentiment is neutral, while the The Fear & Greed index shows 64 (greed). Bonk has recorded 15/30 (50%) green days with a price volatility of 18.40% in the last 30 days.”
Cryptocurrency no. 3: DogWifHat
Another dog meme token that is part of the league, DogWifHat, has proven to be a profitable crypto token, offering solid returns to its holders. Since its launch, the token has grown by over 1500%, projecting its mettle as a solid meme token worthy of investor interest.
For CoinCodexWIF could rise as high as $9 this May, an increase of nearly 200%.
“According to our current Dogwifhat price prediction, Dogwifhat price is expected to increase by 224.95% and reach $9.01 by June 14, 2024. According to our technical indicators, the current sentiment is bearish, while the Fear & Greed index shows 64 ( greed). Dogwifhat has recorded 15/30 (50%) green days with price volatility of 8.66% in the last 30 days.
The token will trade at $4 by May 22, gaining nearly 48% of its value by then.
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“Based on these Dogwifhat projections, WIF will change hands at $4.10 on May 22, 2024. WIF will gain 47.89% in the process.”