Memecoins are these digital currencies inspired by internet memes. Lately, they have been getting more and more attention. With the Bitcoin halving fast approaching, some crypto investors prefer to turn to these promising alternatives, anticipating a significant increase in their value. Concretely, here are 5 even coins with strong potential after the Bitcoin halving scheduled for April 20.
Dogecoin (DOGE)
Dogecoin is the original meme coin inspired by a Shiba Inu dog. It is without a doubt the most famous coin on the market. His popularity, fueled by figures like Elon Musk, has allowed him to reach a market capitalization of more than $20 billion.
Despite a recent decline, Dogecoin's DOGE crypto is showing impressive performance over several months. Historical data shows an increase of 86%. Expert Crypto Analysts Predict potential winnings of 20 to 50 times its current value after the Bitcoin halving. This crypto prediction therefore makes DOGE a very attractive investment for risk lovers.
At the time of writing this article, the DOGE crypto price of Dogecoin is listed at $0.15.
Chart showing the price evolution of the DOGE crypto over a period of 1 year
Shiba Inu (SHIB)
Also based on a Shiba Inu dog, Shiba Inu (SHIB) is considered to be Dogecoin's main competitor. It has experienced remarkable growth over the last year, with an increase of almost 89%.
Certainly, Shiba Inu's SHIB crypto has recently undergone a price correction. Nevertheless, it remains a promising memecoin. The introduction of Shibarium, a layer 2 blockchain solution, is expected to increase its utility and reduce its circulating supply. Enough to encourage an increase in its value!
Dogwifhat (WIF)
Dogwifhat is a memecoin based on the Solana blockchain. This crypto has also experienced a dazzling evolution reaching a market capitalization of more than $2 billion.
Despite some recent setbacks, Dogwifhat displays growth of more than 1,298% since its creation. Its potential for gains of 20 to 50 times after Bitcoin halving makes it a memecoin to watch closely.
At the time of writing, Dogwifhat’s WIF crypto is trading at $2.83.
Pepe (PEPE)
Pepe is a memecoin inspired by the frog Pepe the Frog. Since its creation, it has aimed to rise among the most popular meme cryptos.
Despite its recent introduction, the Pepe crypto has considerable earning potential. Its integration into pop culture and its ambitions in the web3 space make it a memecoin to follow closely in the months to come.
Floki (FLOKI)
Floki has undoubtedly become a key player in the Web3 space. He is involved in:
- the Metaverse,
- DeFi,
- NFTs.
Many members of the crypto community even consider it “the people’s crypto”.
Floki has had a successful transition. Its earning potential after the Bitcoin halving is significant.
Almost all data collected on crypto platforms suggests that memecoins could explode in a bull market. Remember though that meme cryptos are very volatile and high risk crypto investments.
You wish buy a memecoin ? BloFin is an excellent crypto exchange platform. To buy a memecoin on this exchange, here are the steps to follow:
- Create an account on BloFin Exchange. No need to complete a KYC verification to get started.
- Deposit cryptocurrencies in your account. Go to the “Asset/Spot/Deposit” section, choose the cryptocurrency you want to deposit and use the unique address provided to transfer from another wallet.
- Buy memecoins using the spot trading feature. Select the spot category and choose Memecoin. Next, put the “market” option, indicate the amount you want to invest and press “Buy”.
Important clarification for traders, on the BloFin cryptocurrency exchange platform, it is entirely possible to do spot and futures trading.
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