Bitcoin is currently the talk of the crypto town, with new predictions of BTC hitting $70K spreading like wildfire in the Web3 realm.
As Bitcoin moves to touch new highs, the altcoin market is also gearing up to witness meteoric changes, which involve delivering stellar gains to holders who have already reserved an early joy ride. Here are our three cryptocurrency meme recommendations to help you secure the best returns when BTC claims $70K.
Also Read: Elon Musk Acknowledges XRP: What Does It Mean for Crypto?
Top Three Cryptocurrency Meme Coins To Stash Now
1. Shiba Inu (SHIB)
According to Santiment, the anticipation of Bitcoin hitting $70k is pivoting investors to explore meme coins. In this race, Shiba Inu tops the list as the crypto has long been crowned the best meme coin to explore and interact with within the Web3 realm. SHIB is trading at $0.00001909, up 1% in the last 24 hours.
According to CoinCodex, SHIB may surge another 1% by the end of October. However, the tables may significantly turn if BTC claims the $70K mark.
“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 1.05% and reach $0.00001930 by November 20, 2024. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 72 (greed). Shiba Inu recorded 14/30 (47%) green days with 8.65% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a good time to buy Shiba Inu.”
2. Dogecoin (DOGE)
Dogecoin has long been consolidating and moving at a relatively slow pace. But Santiment recently shared how market sentiment has lately been concentrating on meme coins like SHIB and Dogecoin, with anticipation of both tokens hitting a new high soon.
According to CoinCodex, Doge may decline 13% by October’s end, but if Bitcoin claims new price heights, it can help Doge earn some credible profit and stabilize its price momentum.
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -13.51% and reach $0.126013 by November 20, 2024. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 72 (greed). Dogecoin recorded 18/30 (60%) green days with 8.94% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
Also Read: Cardano 2.0: Charles Hoskinson Unveils Ambitious Roadmap Post-Voltaire
3. Pepe (PEPE)
Pepe is also a lucrative meme coin, a noteworthy cryptocurrency token waiting to gain strength from the whole crypto market’s momentum. The token is on the verge of claiming a high of 220% by October end, rising to a new price high of $00.00003520.
According to our current Pepe Coin price prediction, the price of Pepe Coin is predicted to rise by 229.80% and reach $0.00003520 by November 20, 2024. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 72 (greed). Pepe Coin recorded 16/30 (53%) green days with 9.16% price volatility over the last 30 days. Based on the Pepe Coin forecast, it’s now a good time to buy Pepe Coin.
With the crowd anticipating Bitcoin’s $70K breach soon, traders are doubling down on high leverage speculative meme coins, where their discussion rates are at their highest level in 5 months. Meanwhile, L2’s like Arbitrum and Optimism are being ignored. Speculative coins can… pic.twitter.com/46wIXaoHZ7
— Santiment (@santimentfeed) October 18, 2024
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