3 Meme Coins That Can Turn $1,000 Into $10,000 in April 2024
The ongoing cryptocurrency bull market phase has seen promising meme coin projects offering good rewards to their traders. Meme coins have now established their dominance over the major crypto coins.
In a surprising development, meme coins have been performing exceptionally well recently.
While Shiba Inu and Dogecoin are making waves with their recent price increases, newcomers like BONK and PEPE have also shown spectacular price increases. All coins have been trading above 70% of the metrics in the last month, raising new expectations among users.
Keeping this aspect in mind, here are our top 3 crypto coins that can turn your $1000 into $10,000 in April 2024.
Also read: Three “underdogs” of the cryptocurrency world capable of delivering steady profits
Top Three Meme Coins Able to Turn Your $1,000 into $10,000 in April
Cryptocurrency #1- Dogecoin
Dogecoin, also known as $WIF, is a recent addition to the cryptocurrency sphere. Although it is a newcomer, its remarkable price rise has forced major crypto coins to bite the dust. The token is up 20% in the last 24 hours and is trading at $3.73.
The token has quickly become quite popular among the masses. WIF, a token driven by rich community engagement and joy, has overtaken PEPE in terms of market cap metrics, proving its potential and long-term potential.
According to Coincodex, Dogecoin's bullish streak won't be ending any time soon. According to the platform, the token could soon surge by 250% to climb to a new price range in April.
“According to our current Dogecoin price forecast, the price of Dogecoin is projected to increase by 224.25% and reach $12.17 by April 28, 2024. According to our technical indicators, the current sentiment is Bullish, while the Fear and Greed Index is showing 79 (Extreme Greed). Dogecoin recorded 17/30 (57%) green days with 30.72% price volatility over the past 30 days.”
For the next week, Coincodex estimates that WIF will surpass the $4 price level.
Also Read: 3 Affordable Cryptocurrencies to Buy in April for Maximum Profits
“According to our Dogecoin price forecast, WIF is projected to trade within a price range of $3.75 and $4.21 this week. If Dogecoin reaches the higher price target, it will rise by 12.10% and reach $4.21 by April 1, 2024.
With investors expecting its bullish rise soon, WIF could be one of the attractive coins that can double investor returns by next month.
Cryptocurrency #2- Dogecoin
Dogecoin is another OG crypto token ruling the sector since 2015. The token has experienced its fair share of ups and downs before reaching the new price range.
Called a “fun, light-hearted cryptocurrency that will have more appeal beyond the core Bitcoin audience,” Doge has performed incredibly well since its inception.
The token is up 7% in the last 24 hours. The recent price rise of Doge has been notable, as the token has anticipated an increase in its transaction volume recently.
“Data suggests a significant increase in #Dogecoin transaction volume, from 1.22 billion to 9.20 billion in 48 hours.”
The token's unparalleled popularity and loyal community base is poised to drive its price higher soon. According to Coincodex, Doge is expected to move into a bullish trend soon. With Coinbase in talks to launch Dogecoin futures, the token's price is set to gain considerable momentum in the future.
“Based on data as of March 29, 2024, 05:24, the general Dogecoin price forecast sentiment is bullish, with 28 technical analysis indicators giving bullish signals and 3 bearish signals.”
The platform estimates that Doge will trade in the $0.18 to $0.91 range in 2024.
“Dogecoin is estimated to trade in the range of $0.187022 and $0.926824. If it reaches the upper price target, DOGE could rise by 330.24% and reach $0.926824.”
Cryptocurrency #3- Shiba Inu
Shiba Inu is another famous crypto meme coin that continues to prove its potential and potential. According to CoinMarketCap, Shiba Inu is described as a decentralized, community-led currency held by millions of people around the world. The token is one of the original meme currencies, cementing its position as the leading token governing space.
The popularity of the Shiba Inu has skyrocketed over the past few years. The token is driven by strong investor sentiment. Per CoinMarketCap, the token is up 186% in the past month, trading at $0.00003081.
According to Coincodex, Shiba Inu will soon depict a bullish price range.
“According to our current Shiba Inu price forecast, the price of Shiba Inu is projected to increase by 229.71% and reach $0.000103 by April 28, 2024. According to our technical indicators, the current sentiment is bullish, while the Fear and Greed Index is showing 79. (Excessive Greed). Shiba Inu recorded 17/30 (57%) green days with 22.53% price volatility over the last 30 days.
With a promising price path, Shiba Inu could be another attractive crypto investment that could double your returns shortly.
