Shiba Inu has carved out a price path of its own in the cryptocurrency world. The token was one of the first meme coins to spark a stunning uptrend that brought excellent returns to its holders.
The token was the catalyst for the “meme coin mania,” a notable development that helped several meme coins gain a reputation in the changing world of cryptocurrencies. As investors increasingly turn to meme coins, here are three key suggestions to pick up if you like Shiba Inu.
Also read: Cryptocurrency: 2 coins to hide amid rising geopolitical stress
Top 3 Cryptocurrency Meme Coins to Make Profits
1. Pepe (PEPE)
Pepe is another promising cryptocurrency token that has taken the cryptocurrency market by storm recently. Since its launch, the token has gained almost 14339% and is currently trading in the green.
Pepe is a popular crypto token that recently saw a 90% increase in price due to the rise in GME stock price. The token is a favorite of whales, with one of them buying nearly 420 billion Pepe tokens during its recent price drop.
According to CoinCodex, the token will see a 220% price increase in the next month, making Pepe a lucrative coin, similar to Shiba Inu.
“According to our current Pepe Coin price prediction, the price of Pepe Coin could increase by 227.36% to reach $0.00002678 by September 13, 2024. According to our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 30 (fear). Pepe Coin recorded 10/30 (33%) green days in the last 30 days with 17.49% price volatility.”
Read also: Shiba Inu: You could have doubled your money since 2023
2. Bonk (BONK)
BONK is another Solana-based cryptocurrency that has surprised the crypto market lately. BONK, a dog-themed crypto token on Solana, has surged by almost 17826% since its launch and is currently trading at $0.00001963.
The prospects of the token reaching a new ATH in the near future are positive as several crypto platforms are already predicting optimistic insights for the token.
According to CoinCodex, BONK could rise by 228% by the end of August 2024.
“According to our current Bonk price prediction, the price of Bonk could rise by 228.36% to reach $0.00006518 by September 13, 2024. According to our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 30 (Fear). Bonk recorded 10/30 (33%) green days in the last 30 days with a price volatility of 16.16%.”
3. DogWifHat (WIF)
DogWifHat is another Solana-based token that has become a crypto cult favorite. The token has long been a fan favorite and continues to enjoy user attention and activity.
The crypto bull market had helped WIF reach the $3 mark, a sign that it is profitable for a token to reach the mark in a short period of time.
According to CoinCodex, DogWifHat can reach a new price by the end of August 2024. The token could peak by the end of this month and reach the $5 mark.
Also read: Shiba Inu price prediction mid-August: Will SHIB boom or crash?
“According to our current Dogwifhat price prediction, the price of Dogwifhat could by 227.55% to reach $5.51 by September 13, 2024. According to our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 30 (fear). Dogwifhat recorded 13/30 (43%) green days in the last 30 days with 20.16% price volatility. Based on Dogwifhat prediction, now is a bad time to buy.”
