The cryptocurrency market is currently filled with new crypto tokens and meme-coins raising millions of dollars. Recently, Solana Blockchain noticed an uptick in its presale projects, driving the SOL token’s value to new highs.
Among the wealth of new crypto meme currencies launched on Solana and Ethereum, Pepe, WIF, and Bonk have emerged as the strongest contenders. Here’s how these three can assist in extracting lucrative returns by the end of April 2024.
Also Read: Cryptocurrency: Top 3 Altcoins That May Surge 50%–100% Post Bitcoin Halving
Three Newly Launched Meme Coins Poised for a 200% Surge By April End
Cryptocurrency #1: DogWifHat
DogWifHat, also known as $WIF, is one of the most notable crypto meme coins launched on the Solana Blockchain. Created in July, the token surprised the cryptocurrency market when it surpassed leading altcoins to gain a $3 price mark within months of its launch.
Launched in November 2023, the token describes itself as a “symbol of progress for futuristic transactions.”
“A beacon for those who think ahead. It’s clear that the future belongs to those who embrace innovations like WIF, transcending boundaries and paving a new era in finance and technology.” The WIF website shares
$WIF’s massive popularity has led the token to become the fastest meme token to breach the $1 billion market cap metrics.
According to CoinCodex, WIF’s promising progress may catapult its price to nearly 200% by April’s end. The token is expected to trade at $12 at the end of April and in the first week of May.
“The price of Dogwifhat is predicted to rise by 229.72% and reach $12.81 by May 4, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 70 (greed). Dogwifhat recorded 16/30 (53%) green days with 29.02% price volatility over the last 30 days.”
Cryptocurrency #2: PEPE
PEPE, the famous green frog meme on the internet, was later encapsulated as a meme coin, driven by incredible user volume and demand. According to CoinMarketCap, PEPE was launched in April 2017 and quickly became an investor favorite.
With Bitcoin Halving approaching in April, Pepe is expecting a massive push, leading the token to breach a new price threshold.
According to CoinCodex, Pepe is expected to note a 200% surge in its prices, helping the token trade at $0.00002191 by the first week of May.
Also Read: Cryptocurrency: Three Altcoins Set to Increase 10X Post-Bitcoin Halving
“According to our current Pepe Coin price prediction, the price of Pepe Coin is predicted to rise by 226.72% and reach $0.00002191 by May 4, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 70 (greed). Pepe Coin recorded 12/30 (40%) green days with 9.20% price volatility over the last 30 days.”
Cryptocurrency #3: Bonk
BONK is dubbed the first dog-themed meme token to have launched on the Solana network. The token took off soon after its launch, breaking new price milestones. According to CoinMarketCap, Bonk surged nearly 50% in March, birthing new millionaires with each price hike.
Described as a “token made for the people, by the people,” with 50% of the total supply of the cryptocurrency airdropped to the Solana community. CMC further describes BONK as being similar to Shiba Inu (SHIB) and Dogecoin (DOGE) memcoins, which led to an increase in the price of the SOL token soon after its launch in 2022. (a rise of 34% in 48 hours)
According to CoinCodex, Bonk is expected to surge past 230% by the end of April 2024.
“The price of Bonk is predicted to rise by 230.66% and reach $0.00007480 by May 4, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 70 (greed). Bonk recorded 14/30 (47%) green days with 13.59% price volatility over the last 30 days.”