News
3 Token Dip Memes to Give Quick Profits
The cryptocurrency market is facing an intense dilemma, pondering whether to inject more funds into the market or not. The dilemma was triggered by Bitcoin’s latest crash, spreading unease among investors.
However, according to the well-known financial analyst EljaBitcoin is mimicking its historic bull market patterns of 2020. The current price decline is a response to external market pressure, which will ultimately help Bitcoin accelerate its pace.
With the current Bitcoin price decline, investors have an opportunity to explore some profitable meme coin dips that could spread quick profits in a short period. Here is our latest pick to help you broaden your profit horizons with meme coins.
Read also: Cryptocurrency: 3 Coin Dips to leverage leverage for 50x returns
Top 3 Meme Tokens for Quick Profits
No. 1: Shiba Inu
Shiba Inu is nicknamed an OG crypto meme token for many reasons. The token is supported by a strong community of loyalists and creators who continuously work to expand its ecosystem.
SHIB is historically known for producing millionaires and distributing profits over a specific period of time. Furthermore, the token is expected to surge 200% in May, adding more flavor to its ever-expanding user base.
For CoinCodexShiba Inu could increase by up to 200% in May 2024.
According to our current Shiba Inu price prediction, the Shiba Inu price is expected to increase by 226.71% and reach $0.00007193 by June 1, 2024. According to our technical indicators, the current sentiment is bearish, while the Fear & Greed index shows 43 (Fear). Shiba Inu has had 14/30 (47%) green days with price volatility of 8.69% over the last 30 days.
The token could also surpass the price of $0.000104 by the end of 2024, making it a suitable coin choice to hold and interact with.
Shiba Inu is expected to trade in a range of $0.00002202 to $0.000104. If it reaches the upper price target, SHIB could rise by 367.74% and reach $0.000104.
No. 2: Dogecoin
Dogecoin is another prolific crypto meme token to hold, mainly due to its growing popularity and user base. The token is endorsed and explored by Tesla CEO Elon Musk, who has previously given interviews praising Dogecoin as a profitable investment tool.
Second CoinCodexDoge is also expected to see a 300% increase by the end of 2024, doubling its chances of distributing decent profits to its investors and holders.
Dogecoin is expected to trade within a range of $0.107249 to $0.533978. If it reaches the upper price target, DOGE could rise by 312.72% to $0.533978.”
Read also: Cryptocurrency: 3 Coins to Buy Under $10 for Stellar Returns in May
#3: GOOD
Read also: Ethereum ETFs will overtake Bitcoin ETFs in Hong Kong, expert predicts
BONK, the Solana-inspired Dog meme token, has shaken the cryptocurrency world by displaying its extraordinary series of price increases. The token is currently up 8% over the past 24 hours, beating last week’s dumping blues to trade in green.
Second CoinCodexBONK could surge 200% in May and rebound to trade at $0.000109 by the end of 2024. BONK’s steady price path makes it an attractive token to hold and explore for quick profits.
Bond is expected to trade in a range of $0.00002293 to $0.000109. If it reaches the upper price target, BONK could rise by 370.80% to $0.000109.”