Shiba Inu has carved out its own independent price path in the cryptocurrency world. The token was one of the first meme coins to initiate a stunning bullish run, delivering great returns to its holders.
The token gave birth to “meme coin mania,” a notable development that helped several meme coins gain quite a reputation in the transformative cryptocurrency space. As investors turn their attention to meme coins, here are three important suggestions that you can keep if you love Shiba Inu.
Also read: Cryptocurrency: 2 Coins to Hold Amid Rising Geopolitical Stress
3 Best Cryptocurrency Meme Coins To Make Profit
1. Pepper (PEPE)
Pepe is another promising cryptocurrency token that has been flooding the cryptocurrency market lately. Since its inception, the token has surged by almost 14339% and is currently trading in the green.
Pepe is a popular crypto token whose price recently increased by 90% due to the rise in GME stock price. The token is a favorite among whales as one of them bought almost 420 billion Pepe tokens during the recent price drop.
According to CoinCodexthe token is set to rise by 220% next month. This makes Pepe a lucrative coin to own, similar to Shiba Inu.
“According to our current Pepe Coin price prediction, Pepe Coin price may increase by 227.36% and reach $0.00002678 on September 13, 2024. According to our technical indicators, the current sentiment is bearish, while the Fear & Greed Index shows 30 (fear). Pepe Coin recorded 10/30 (33%) green days with 17.49% price volatility in the past 30 days.”
Also read: Shiba Inu: You Could Have Doubled Your Money Since 2023
2. Bonking (BONK)
BONK is another Solana-based cryptocurrency that has been surprising the crypto market lately. BONK, which is referred to as 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 already have positive expectations for the token.
According to CoinCodexBONK could rise by 228% by the end of August 2024.
“According to our current Bonk price prediction, the price of Bonk may increase by 228.36% and reach $0.00006518 on September 13, 2024. According to our technical indicators, the current sentiment is bearish, while the Fear & Greed Index shows 30 (fear). Bonk registered 10/30 (33%) green days with 16.16% price volatility in the past 30 days.”
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 attention and activity from users.
The crypto boom helped WIF reach the $3 price mark, a sign that it is profitable for a token to reach this mark in a short period of time.
According to CoinCodexDogWifHat may reach a new price threshold by the end of August 2024. The token may peak and reach the price of $5 by the end of this month.
Also read: Shiba Inu Price Prediction Mid-August: Will SHIB Boom or Crash?
“According to our current Dogwifhat price prediction, the price of Dogwifhat may rise by 227.55% to reach $5.51 on September 13, 2024. According to our technical indicators, the current sentiment is bearish, while the Fear & Greed Index shows 30 (fear). Dogwifhat registered 13/30 (43%) green days with 20.16% price volatility in the past 30 days. Based on Dogwifhat forecast, now is a bad time to buy.”