Memes can turn investors into millionaires despite their reputation as low-profit, short-lived investments. With their meme coin investments, a record number of investors have made thousands or even millions of dollars. The Pepe Coin profit incident is one example, in which six wallets made $2 million in gains while the SLERF dealer made $3.2 million.
This list of profits continues because new people make those kinds of profits every day. Let’s talk about the top three meme coins that have the potential to make you wealthy.
The Top 3 Memes That Can Make You A Millionaire
The appropriate approach is more important than picking the ideal investment instrument. To make a suitable investment, the investors must seek the proper possibilities. Only then will the intended results be achievable; otherwise, the cryptocurrency market’s volatility may devour the investment, leaving the investors with little more than change instead of millions.
Top joke coins like Dogecoin, BONK, and Shiba Inu may be the finest investments in the impending bull market. Now, let’s examine that.
Dogecoin
Dogecoin has been the most popular meme coin for ten years and has dominated the market. Due to its widespread use and track record of significant earnings, DOGE has consistently been preferred even though it is not the most valuable or expensive meme coin.
As of the writing of this article, DOGE’s market capitalization is $23,286,796,931, with a price of $0.1617. Despite its low value, the meme coin is ranked 13th in terms of trading value and 8th in terms of market cap on CoinmarketCap. By the way, its trading volume is $1,145,705,114.
At its peak in 2021, Dogecoin was worth $0.7376, more than 76% more than it is now. The token was trading for an average of $0.05 at the time. However, the price changed, resulting in investors earning millions of dollars.
For the time being, experts think that Dogecoin’s 500% price increase following the IPO could allow it to surpass $1 in the coming months.
#Dogecoin is showing its classic pattern once again! $DOGE is currently consolidating after breaking out from a descending triangle.
Based on past trends, we might just see #DOGE rocket towards $1 in the coming weeks! pic.twitter.com/dEWeVWLIHR
— Ali (@ali_charts) April 21, 2024
BONK
Finally rising after losing for weeks, BONK is expected to continue growing in the next few days. Known for its contributions to the community, BONK is one of the most well-liked meme coins based on Solana. With the motto “for the people, by the people,” Bonk was introduced to the cryptocurrency community by airdropping over half of its entire supply to win over backers.
Analysts predict that BONK might rise to a high of $0.000042 in the coming days due to its reputation in the cryptocurrency community. Keeping an eye on price performance, BONK’s price has increased 31% in a single day to $0.00002657. The token’s market valuation has also increased, rising to $1.73 billion following a 31.15% growth.
BONK has experienced this sudden spike due to its placement on the Revolt app. The last few hours have seen a 260% spike in trade volume, indicating increased demand for the meme coin.
Shiba Inu
Shiba Inu, often called the Dogekiller, can bring in millions of dollars at the appropriate moments. It is the second most widely used meme coins, behind Dogecoin. It is currently striving for the $0.00008845 peak, which it reached about three years ago. The Shiba Inu price is expected to aim for even higher ground in the coming months as a bull market is predicted to dominate the cryptocurrency sector.
SHIB has recovered reasonably well, rising 22% in just one week after struggling with slow days in the pre-halving market. By the end of April, the analysts projected that Shiba Inu would rise beyond $0.000036 and, by the end of the year, $0.0001553.
It follows after Rafaela Ligo, a cryptocurrency analyst, disclosed a comparable rising pattern as of the 2021 ATH. It suggests that Shiba Inu will soar beyond $0.00014. Javon Marks, another crypto specialist, has confirmed Rafaela’s predictions. He continued that the path to the $0.0001553 is straightforward once Shiba Inu enters the $0.00008 range.
Since the attached and more original analysis, prices of $SHIB has shown MASSIVE STRENGTH, climbing approximately +531%, but these prices can be set for even more growth!
With the breakout target still at $0.000081, prices of Shiba Inu could have another +147% move coming.
A… https://t.co/ZjA5onlnBO pic.twitter.com/YuUllePvbl
— JAVON⚡️MARKS (@JavonTM1) March 13, 2024
Closing Remarks
The cryptocurrency market needs to absorb millions of losses due to the volatile market before Bitcoin’s Halving. That should be more than doubled by the impending bull run, however. It is predicted that meme currencies and AI tokens will take the stage in this bull market and enjoy long-term success.
