The cryptocurrency market is witnessing a slight correction, with Bitcoin (BTC) falling below $67k. However, with BTC’s halving just around the corner, we may witness another market-wide rally soon. Memecoins, in particular, may see a massive surge if we enter another bull run.
With that said, let’s look at three memecoins to watch this week.
Top 3 meme cryptocurrencies to watch this week
Shiba Inu (SHIB):
Shiba Inu (SHIB) is one of the most popular cryptocurrencies in the market. The asset witnessed a significant price surge in March. Although the asset has faced a correction in the daily and weekly charts, analysts anticipate the token to rally throughout this month. Moreover, according to CoinCodex, SHIB could hit a new all-time high in April.
Also Read: Cryptocurrency: Top 3 Coins To Watch In April 2024 Under $1
According to CoinCodex, SHIB could hit $0.00009452 on Apr. 30, 2024. Reaching $0.00009452 from current levels would translate to a growth of nearly 250%. Changelly also anticipates the cryptocurrency to hit a new high this month, reaching $0.0001 by Apr. 30, 2024.
Dogwifhat (WIF):
WIF is a Solana-based memecoin that witnessed a massive price surge earlier this year. The asset is currently the 34th largest crypto project by market cap. While the asset has faced an 11.7% correction in the daily charts, WIF is still up by nearly 32% in the weekly charts.
According to CoinCodex, WIF may continue to rally throughout April. The platform anticipates WIF to hit a new all-time high this week, reaching $5.09 on Apr. 7, 2024.
Furthermore, the platform predicts the cryptocurrency to hit $13.02 by Apr. 30, 2024, translating to a rise of about 247%.
Dogecoin (DOGE):
Also Read: Top 3 Cryptocurrencies That Could Hit All-Time Highs in April 2024
Dogecoin (DOGE), the original memecoin, recently overtook Cardano (ADA) as the ninth-largest cryptocurrency by market cap. According to CoinCodex, DOGE’s price may consolidate around current levels throughout April. Hence, investors may want to keep an eye on DOGE this week.
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