Cryptocurrency: 3 Coins That May Spike By 200% This Month

Juhi Mirza
Coins in a tempest
Image Source: Watcher Guru

The current cryptocurrency market is full of new coins, waiting to be explored by investors with full might. With the wave of new meme coins sweeping over the space, several meme coins are poised for a massive 200% surge, giving investors a chance to bask in lucrative returns and rewards.

Here are the top three crypto tokens that the analysts predict will spike by 200% later this month.

Also Read: Cryptocurrency: 3 New Coins Perfect For Newcomers To Trade In May

Top 3 Coins That May Surge 200% This Month

Three coins falling from the sky
Image Source: WatcherGuru

Cryptocurrency #1: Pepe

Pepe has been forging its own independent price path lately. The token is projecting bullish signs by surging nearly 40% in the last month. Per CoinMarketcap, the token is up 0.56%, trading at $0.000008768.

CoinCodex, a notable crypto analytics platform, predicts the token to spike by 200% this month, doubling investors’ profits and rewards.

“According to our current Pepe Coin price prediction, the price of Pepe Coin is predicted to rise by 237.88% and reach $0.00003007 by June 12, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 57 (greed). Pepe Coin recorded 19/30 (63%) green days with 18.18% price volatility over the last 30 days.”

Cryptocurrency #2: DogWifHat

DogWifHat, popularly known as WIF, has lately been flipping giants like Pepe and Arbitrum in terms of market cap. The marker in itself is a strong indication of WIF’s towering dominance and popularity levels, which are breaching past the domain’s predetermined boundaries. At press time, the token is sitting at $2.91, waiting for a market boost to help the token reach new price highs.

Per Coincodex, WIF may rise by nearly 200% to trade at $9, a massive price threshold that can triple an investor’s current stash of WIF coins.

“According to our current Dogwifhat price prediction, the price of Dogwifhat is predicted to rise by 227.81% and reach $9.19 by June 12, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 57 (greed). Dogwifhat recorded 15/30 (50%) green days with 9.01% price volatility over the last 30 days.”

Cryptocurrency #3: Shiba Inu

The OG crypto meme token, Shiba Inu, has long shed its meme currency persona to develop into a full-fledged, robust coin. The token has been consistently working towards expanding its ecosystem, giving birth to new ShibaHub and Shibarium developments set to bring in new users and traders. Per CMC, the token has noted an uptick of 3%, trading at $0.00002328 at the time of writing.

According to CoinCodex, Shiba Inu may surge to 220% to trade at $0.00007240 by the end of this month.

“According to our current Shiba Inu price prediction. The price of Shiba Inu may rise by 225.46% and reach $0.00007240 by June 12, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 57 (greed). Shiba Inu recorded 14/30 (47%) green days with 6.52% price volatility over the last 30 days.”

Also Read: Pepe Price Prediction for Mid-May: Will It Delete a Zero This Month?