The present cryptocurrency area is buzzing with pleasure because the occasion of Bitcoin Halving nears arduous and quick. The Halving frenzy is fueling investor sentiment, with merchants betting huge on which crypto token will profit essentially the most out of the sporadic fund unfold.
Bitcoin Halving, an occasion supposed to chop Bitcoin miners’ rewards in half is dubbed essential in some ways. The occasion performs a pivotal function in retaining the Bitcoin rarity component in test, which in flip, retains the attract and worth of Bitcoin intact. Similarly, Halving occasions are sometimes accompanied by modest value fluctuations that will set off a fund transition from BTC to different crypto tokens.
Apart from main altcoins, the meme tokens are additionally sitting within the queue, awaiting the inflow to brush them over in its wake. Here are our high three cryptocurrency meme tokens that will explode post-Bitcoin Halving.
Top 3 Crypto Meme Coins to Surge 200% After Bitcoin Halving
Cryptocurrency #1: DogWifHat
The Solana-inspired meme coin DogWifHat is main the most recent crypto bull season by changing into traders’ favourite token to discover and work together with. The token has lately been listed by OKx, primarily as a result of its rising recognition and surge that has been driving its value to hit new value milestones.
Per Coincodex, post-Bitcoin Halving, investor sentiment may immediately pivot to $WIF, pushed by its strong meme coin construction and historic value knowledge. $WIF has at all times projected an array of optimistic value spikes whereas encountering minor downswings and dips in its value. Per CoinCodex, WIF is anticipated to surge 239% post-May 12, buying and selling at an all-time excessive of $9. This may imply traders can triple their income in the event that they proceed to carry and discover WIF for an extended length.
“According to our current Dogwifhat price prediction, the price of Dogwifhat is predicted to rise by 231.55% and reach $9.93 by May 15, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 74 (greed). Dogwifhat recorded 14/30 (47%) green days with 21.38% price volatility over the last 30 days.”
Cryptocurrency #2: Shiba Inu
The all-time investor favourite, Shiba Inu, has been basking within the optimistic value sentiment since its launch in August 2020. The token was one of many main tokens to have amassed a fan base, rooting for its strong value surge and hike. With the occasion of Bitcoin halving on playing cards, the person sentiment in the direction of Shiba Inu is now stronger than ever.
Per Coincodex, Shiba Inu could expertise a large fund injection, which may catapult its value to hit a brand new excessive. The platform predicts SHIB to surge by 227% and commerce at $0.00007214 by May 15.
“According to our current Shiba Inu price prediction, the price of Shiba Inu may rise by 227.07% and reach $0.00007214 by May 15, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 74 (greed). Shiba Inu recorded 14/30 (47%) green days with 7.17% price volatility over the last 30 days.”
Cryptocurrency #3: Pepe
The frog-inspired meme coin Pepe quickly turned a cult Web3 sensation in 2024. The token embraced the bullish cycle part of the market, main its value to doc important value hikes. The token is presently sitting at $0.000005551, up 1.68% within the final 24 hours.
Per CoinCodex, Pepe could surge previous the standard value threshold post-Bitcoin halving. The platform expects Pepe to breach previous 220% and commerce at a brand new value milestone of “$0.00001768.”
“The price of Pepe Coin is predicted to rise by 230.95% and reach $0.00001768 by May 15, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 74 (greed). Pepe Coin recorded 14/30 (47%) green days with 9.81% price volatility over the last 30 days.”