Memecoins
Top 3 Dogcoins for Maximum Profits
Memecoins have dominated the cryptocurrency market in recent times. While other assets posted single-digit gains, memecoins posted double-digit growth. Even now, six of the ten best-performing crypto assets over the past 24 hours are memecoins.
However, there are many different types of memecoins. Dog-themed memecoins, such as Dogecoin (DOGE), Shiba Inu (SHIB), etc., are among the most popular. That said, let’s take a look at three dog-themed memecoins for maximum profit.
Top 3 Dog Themed Cryptocurrencies for Maximum Profit
dogwifhat (WIF):
Source – Biztech Africa
WIF is one of the best performing crypto assets in the last 24 hours. The Solana-based memecoin rallied more than 10% on daily charts, 18.1% on 14-day charts, and 15.4% from the previous month. Nonetheless, the asset is still down 5.4% on the weekly charts.
Read also: Cryptocurrency: Top 3 Memecoins to Watch in Mid-May 2024
According to CoinCodex, WIF may soon reach a new all-time high. The platform expects the dog-themed cryptocurrency to reach $10.32 on June 10, 2024. Reaching $10.32 from current levels would result in growth of nearly 234%.
WIF reached an all-time high of $4.83 on March 31, 2024, following Bitcoin (BTC)’s rally earlier in the year. WIF is currently down about 37% from its peak in March.
Bon (BONK):
BONK is another Solana-based memecoin with stellar performance since its launch in December 2022, rallying over 5370% in just over a year. The asset rallied nearly 7% in the last 24 hours and more than 47% in the previous month. However, BONK price fell 4.8% on the weekly chart and 2.6% on the 14-day chart.
Read also: Cryptocurrency: Top 3 Coins to Buy Before Bitcoin Recovers $73,000
Like WIF, BONK also hit an all-time high in March, reaching $0.00004547 on March 4, 2024. However, the asset is down nearly 48% from its March peak. However, CoinCodex predicts that the cryptocurrency will surpass its previous all-time high very soon. The platform expects BONK to reach $0.00007949 on June 11, 2024.
Shiba Inu (SHIB):
Shiba Inu (SHIB) is one of the most popular cryptocurrencies on the market. SHIB has one of the most loyal and supportive fan bases in the entire cryptocurrency industry. Furthermore, many analysts predict that the popular dog-themed cryptocurrency will soon reach a new annual high.
According to CoinCodex, SHIB could rise to $0.00008009 on June 11, 2024. While $0.00008009 is not a new all-time high, if the asset can maintain its price at this level, it could potentially rise further until it recovers its 2021 peak.
