Memecoins
5 Meme Coins to Buy Today for Huge Profits
The market capitalization of meme coins has risen to $43,491,633,623 as demand for meme-based cryptocurrencies has increased in recent months. This has increased the launch of new and progressive meme coins, offering better features and resources to make money. Demand could increase even more as the indicative of fear and greed signaled a shift in investor sentiment towards greed, pushing up the values of all cryptocurrencies. Now Bitcoin price is targeting ATH, while Ethereum is flaunting recovery to 3K.
The cryptocurrency market is still volatile and full of surprises, but before it reaches its full potential, check out these five meme coins to buy with great profit potential.
Shiba Inu
Shiba Inu is the perfect meme coin to invest in, as the token has performed magnificently over the years. After its performance in the 2021 bull run, the Shiba Inu is also on the right track as it has made a significant recovery this year. At the time of writing, Shiba Inu Price is at $0.00002408 after a decline of 2.76% in the last 24 hours. Buying Shiba Inu at such a low value can make profits once the market recovers and prices rise.
PEPPER
PEPE is easily the meme coin for 2024 as it has been rising for months, making profits for its investors. Just recently, PEPE rose to the all-time value of $0.00001156 and is undergoing a correction for now. At the time of writing, Price PEPPER is equal to $0.000009407 and points to a recovery after yesterday’s collapse. PEPE is the meme coin to buy for investors after offering continuous gains since its introduction.
FLOKI
FLOKI is rapidly increasing in value, increasing demand for this meme coin. At the time of writing, FLOKI Inu price it rose 40% in a month, pushing the value to $0.0001975. Now, it is 45% away from its all-time high of $0.0003437. This dog themed meme coin has achieved its best performance since 2021’s surge and as the price has fallen from yesterday, it offers the perfect opportunity for short-term gains.
BONK
BONK is at the top of the popular list Solana meme coins following the increase in demand since the beginning of the year. Currently, it is valued at $0.00002518 after a 7% decline in the last 24 hours, making it the perfect time to buy. Overall, BONK showed a good performance throughout the month, after a gain of 67%. Furthermore, BONK has the potential to reach a high of $0.00004704, as it did in March.
SLERF
SLERF it gained popularity soon after its launch in March, but has steadily declined. Overall, SLERF price dropped 23% in a month, but is now aiming for a recovery. It is currently trading at $0.3034, which makes SLERF the meme coin with high potential as it previously reached a high of $1.37.
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