News
The best meme coin collectors will continue to gather in May
The cryptocurrency realm is home to several memes, coins, and tokens ready to be explored by the masses. Half of these tokens were launched in Jest, but they managed to outperform their major crypto competitors. Such tokens have captured the world’s attention with strong momentum and user flow.
These tokens have performed exceptionally well recently and are capable of offering stellar returns to their holders. Here are the three biggest gainers in the meme token arena that are set to grow 200% in May.
Read also: Cryptocurrency: 3 Coins That Could Rise 200% This Month
Top cryptocurrency gains of May
Cryptocurrency no. 1: Floki Inu
Floki Inu, a major meme token, recently hit a record high. According to CoinMarketcap, Floki Inu has gained 10% in the past 24 hours, trading at $0.00019 at the time of writing. The portal shares that the token was launched by Shiba Inu and Dogecoin enthusiasts, loosely inspired by the Shiba Inu ecosystem. Since its inception, the token has struck deals with major cryptocurrency giants, including Chainlink, TradedJoe, and ApeSwap.
For CoinCodex, Floki Inu may continue to gain momentum riding the current bullish wave. According to the platform, FLOKI could rise by 230% by the end of May, to trade at $0.000642.
“According to” our current Floki Inu price prediction, the Floki Inu price is expected to increase by 232.05% and reach $0.000642 by June 13, 2024. According to our technical indicators, the current sentiment is bullish , while the Fear & Greed index is showing 66 (greed). Floki Inu has recorded 16/30 (53%) green days with price volatility of 10.29% over the last 30 days.”
Cryptocurrency no. 2: Pepper
Pepe took the cryptocurrency world by storm last night, rising nearly 96%. Based on the viral green frog meme on the Internet, Pepe continues to offer lucrative returns to its holders. The token currently sits at $0.0000104, up 90% over the past month.
For CoinCodex, Pepe is also set to experience a massive price increase, helping the token surpass new price milestones. The token has already dropped one zero from its price and will continue to rise to new highs to establish its dominance in the space.
Read also: BRICS abandons US dollar and settles trade of $4 billion in local currencies.
“According to” our current Pepe Coin price prediction, the price of Pepe Coin is expected to increase by 229.55% and reach $0.00003297 by June 13, 2024. According to our technical indicators, the current sentiment is bullish , while the Fear & Greed index is showing 66 (greed). Pepe Coin has experienced 20/30 (67%) green days with price volatility of 18.34% over the last 30 days.
Cryptocurrency no. 3: DogWifHat
A dog-based meme token launched on Solana, DogWifHat, or WIF has come a long way since its launch. The token hit the $3 mark in March, after which it collapsed to trade at price levels between $2.50 and $2.90. As of this writing, the token has recovered to the $3 mark, showing the world how robust the coin truly is.
For CoinCodexDogWifHat could surge nearly 200% to reach a new all-time high level of $10.
Read also: Currency: What to expect from the US dollar today
“According to” our current Dogwifhat price prediction, Dogwifhat price is expected to rise by 230.04% and reach $10.26 by June 13, 2024. According to our technical indicators, the current sentiment is bearish, while the Fear & Greed index shows 66 (greed). Dogwifhat has recorded 16/30 (53%) green days with price volatility of 8.78% over the last 30 days.