In the current bullish market, meme coins are experiencing significant interest from traders looking to capitalize on the positive momentum.
The fear and greed index indicates a strong market sentiment, pushing global market capitalization to $2.64 trillion, as reported by CoinmarketCap. A 3% increase in the last 24 hours has boosted the 24-hour trading volume to $92.49 billion, following a 20% surge. With Bitcoin’s recent ascent to $71K, now is the perfect time to explore high-potential meme coins that could offer substantial returns.
Here are five meme coins to consider for a potential 10x return on investment this week:
1. Gamestop (GME)
Leading the pack, Gamestop (GME) has shown impressive growth, surging by 1300% in just a month. Although it is currently undergoing a slight correction, the coin previously peaked at $0.0219 and is now valued at $0.009581 with a market cap of $65,909,196. With a similar upward trajectory, GME has the potential to deliver 10X gains soon.
2. The Dog Ben (BENDOG)
Following a substantial rise, The Dog Ben (BENDOG) is echoing its previous performance from March, where it reached an all-time high of $0.05124. Recently, BENDOG has climbed by 545% in a month, including a 50% increase in just the last day, bringing its current price to $0.03759. With momentum building, BENDOG is poised to potentially surpass its ATH in the near future.Â
3. Pepe Coin (PEPE)
Pepe Coin (PEPE) remains a strong contender, with ongoing enthusiasm driving its price higher. Currently, PEPE is just 15% shy of its all-time high of $0.00001461, and analysts predict it could reach $0.00002 in the coming days. This meme coin’s sustained performance makes it an attractive option for investors.
4. Caninewifhat (WIF)
Dogwifhat (WIF) has been making waves in the Solana ecosystem, showing a 10% gain today. Initially peaking at $4.85 two months ago, WIF is currently trading at $3.54, representing a 27% decline from its peak. Analysts are optimistic about WIF’s potential to hit $10, making it a lucrative meme coin to consider.
5. SLERF (SLERF)
SLERF is on a bullish streak, consistently gaining 19% daily. With market and trade volumes at $195,214,033 and $82,706,206 respectively, SLERF is positioned for significant growth. The increasing network activity indicates that SLERF could see even greater profits in the near future.
These meme coins are currently exhibiting bullish trends, making them worth watching. Each has the potential to turn a modest $10 investment into $100 within days. However, conducting thorough technical analysis before making any investments in cryptocurrency is crucial.Â
Take advantage of the current market conditions and explore these meme coins for a chance at impressive returns.