The current cryptocurrency domain is buzzing with excitement as the event of Bitcoin Halving nears hard and fast. The Halving frenzy is fueling investor sentiment, with traders betting big on which crypto token will benefit the most out of the sporadic fund spread.
Bitcoin Halving, an event intended to cut Bitcoin miners’ rewards in half is dubbed crucial in many ways. The event plays a pivotal role in keeping the Bitcoin rarity element in check, which in turn, keeps the allure and value of Bitcoin intact. Similarly, Halving events are often accompanied by modest price fluctuations that may trigger a fund transition from BTC to other crypto tokens.
Apart from leading altcoins, the meme tokens are also sitting in the queue, awaiting the influx to sweep them over in its wake. Here are our top three cryptocurrency meme tokens that may 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 leading the latest crypto bull season by becoming investors’ favorite token to explore and interact with. The token has recently been listed by OKx, primarily due to its rising popularity and surge that has been driving its price to hit new price milestones.
Per Coincodex, post-Bitcoin Halving, investor sentiment could suddenly pivot to $WIF, driven by its robust meme coin structure and historic price data. $WIF has always projected an array of positive price spikes while encountering minor downswings and dips in its price. Per CoinCodex, WIF is expected to surge 239% post-May 12, trading at an all-time high of $9. This could mean investors can triple their profits if they continue to hold and explore WIF for a longer duration.
“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 Índice 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 favorite, Shiba Inu, has been basking in the positive price sentiment since its launch in August 2020. The token was one of the leading tokens to have amassed a fan base, rooting for its robust price surge and hike. With the event of Bitcoin halving on cards, the user sentiment towards Shiba Inu is now stronger than ever.
Per Coincodex, Shiba Inu may experience a massive fund injection, which could catapult its price to hit a new high. The platform predicts SHIB to surge by 227% and trade 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 Índice 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 soon became a cult Web3 sensation in 2024. The token embraced the bullish cycle phase of the market, leading its price to document significant price hikes. The token is currently sitting at $0.000005551, up 1.68% in the last 24 hours.
Per CoinCodex, Pepe may surge past the usual price threshold post-Bitcoin halving. The platform expects Pepe to breach past 220% and trade at a new price milestone of “$0.00001768.”
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“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 Índice is showing 74 (greed). Pepe Coin recorded 14/30 (47%) green days with 9.81% price volatility over the last 30 days.”