With Bitcoin touching a new ATH, the cryptocurrency market has been rejuvenated with new promising activities. The surge of new tokens and meme projects can be daunting for an average user to explore, causing a bit of mayhem at first.
In its bullish prime, the cryptocurrency market brims with new developments and projects poised to distribute handsome rewards. Considering this, our top three affordable cryptocurrency picks can deliver maximum profits in the ongoing bull run phase.
Also Read: 3 Affordable Cryptocurrencies to Buy in April 2024
Top Three Affordable Crypto Coins That Can Deliver Maximum Profits
Cryptocurrency #1: Dogecoin
Dogecoin is one of the leading meme currencies that has successfully established its reputation as one of the world’s major cryptocurrencies. CMC describes Dogecoin as appealing to a wider audience beyond Bitcoin, labeling it as a ‘fun, lighthearted project with solid potential.'”
The token has now surpassed its meme avatar and delivers serious profits to those who explore this coin’s potential to the fullest. Per CoinMarketcap, Dogecoin is up 93% in the last month, followed by a minor downswing of $0.84 in the last 24 hours. Dogecoin anticipates to break into a bullish trend this year, aiming to reach $0.1835.
“Dogecoin is forecast to trade within a range of $ 0.157715 and $ 0.796408. If it reaches the upper price target, DOGE could increase by 333.79% and reach $ 0.796408.”
Similarly, as the Dogecoin futures launch is due shortly, experts expect Doge’s price to skyrocket, delivering handsome returns to its holders.
Also Read: Top Meme Coin Cryptocurrencies To Watch In April 2024
Cryptocurrency #2: XRP
Ripple is another promising crypto coin poised to gain mainstream momentum sooner or later. Its solid foundational strength and use cases make it a lucrative coin to hold and explore in a long-term scenario.
With a stellar work profile, XRP is an open-source, permissionless, low-cost blockchain that conducts transactions in record time. The blockchain also comprises a DEX and possesses custom tokenization capabilities, boosting its prospects up a notch.
CoinMarketCap reports that XRP is experiencing a slight downtrend but expects to gain more market momentum soon. Ripple’s unique use cases position to enhance XRP’s current market position as it trades at $0.6193.
Per CoinCodex, Ripple is undergoing minor resistance before it claims an all-time high.
“The price of XRP is predicted to rise by 7.55% and reach $0.680671 by April 26, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 83 (extreme greed). XRP recorded 18/30 (60%) green days with 5.05% price volatility over the last 30 days. “
With XRP’s stable approach and diverse deployment cases, Ripple can also be an affordable crypto coin to consider in the long run.
Cryptocurrency #3- Shiba Inu
Shib, another meme-inspired token, has gained incredible popularity among users and traders. Dubbed a decentralized, community-led token, Shiba Inu has surpassed giants like Polka Dot, Chainlink, and Toncoin to secure prominence in terms of crypto rankings.
Created by an anonymous crypto enthusiast, Ryoshi, the token since then has been a consumer favorite, trading at high and neutral levels at all times. Per CoinMarketcap, Shiba Inu has noted a gradual ascension of nearly 193% in the last month. The token is trading at $0.00003069, which is affordable to hold and can burst at any time soon.
Per CoinCodex, Shiba Inu will soon hit a new ATH, considering it follows the current market wave and excitement. With its gradual price trajectory, Shiba Inu can be another promising coin to explore in April.
The price of Shiba Inu is predicted to rise by 228.99% and reach $0.00009955 by April 26, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 83 (extreme greed). Shiba Inu recorded 18/30 (60%) green days with 28.79% price volatility over the last 30 days. “
The token is expected to hit $0.000143 by the end of 2024.
“Shiba Inu is forecasted to trade within a range of $0.00003026 and $0.000143. If it reaches the upper price target, SHIB could increase by 367.81% and reach $0.000143.”