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With the crypto market buoyed with optimism, traders are turning to altcoins to make the biggest gains. Find out what the analysts are saying about crypto’s favorite memecoins, Shiba Inu, Dogecoin and Pepe, and some insider alpha about the next memecoin predicted to make millionaires.
Shiba Inu is Ready to Ride the Bull Run
Shiba Inu is the memecoin lover’s darling right now, up 30% on the monthly and with more wallets than ever on the layer 2 blockchain, the Shibarium.
In the first edition of their online newspaper ‘The Shib’, the Shibarmy announced the launch of SNS Shibarium Wallet addresses. Like ENS addresses for the Ethereum network, these names can be short and catchy, making transacting with Shiba Inu easy and fast.
And they can also be traded, so smart memecoin lovers can register their favorite names and sell them to others for a profit.
Trader @Digarch who has registered ‘Digarch.shib’, is predicting that Shiba Inu will soon be deleting another 0 from the price, according to their forecast from the four hour chart.
The Dogecoin Team is Lazy But the Price Action is Snappy
Sometimes being first is all you need to succeed. Although the official Dogecoin X (formerly Twitter) account hasn’t posted since last month, the price of Dogecoin is up by 32% on the monthly chart. This shows that the community is bullish despite the lack of development from DOGE.
FinanceShots of FinanceShots.com posted on Binance Square with their predictions for Dogecoin. They write that a price of $0.143 is a realistic target for DOGE this year, with a minimum price of $0.189 in 2024.
Doge is currently trading at around $0.07559
Pepe Makes An 83% Comeback
Pepe, the millionaire maker of 2023, is currently ranked as the 97th biggest crypto according to CoinGecko, falling far behind Dogecoin which sits at number 10, and Shiba Inu which is currently at 19. But being a smaller cap coin has its benefits since it takes less money to move the market. And this is reflected in an impressive 83% gain over the last 30 days, beating Doge, Shiba and even Bitcoin.
Recently, trader Heisenberg predicted that Pepe will do a 10x this year, citing his reasoning below:
Insider Alpha Suggests a New Memecoin Legend is On the Way
Gains of 30% to 83% in one month are amazing, especially when compared to traditional finance. But as all memecoin traders know, what the market is really searching for, is the next 1000% token.
Experts in the know think they have found it, in a new coin and platform called Meme Moguls.
Why bet on just one memecoin when you can bet on all the memes? That’s the thinking from the team behind Meme Moguls – an upcoming platform that will let you trade memecoins, win tokens and NFTs of memes, and compete and learn from other players and traders.
But wait, there more. The ecosystem is underpinned by their token $MGLS. The token has various use cases but the exciting part is that it is now in the first stage of presale. And according to insiders, the price will rise by 1000% throughout the presale. After this, the ERC-20 token will be launched on DEXs and CEXs, at which point the moon is the limit!
