{"id":502584,"date":"2024-04-07T14:35:15","date_gmt":"2024-04-07T14:35:15","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=502584"},"modified":"2024-04-07T16:20:23","modified_gmt":"2024-04-07T16:20:23","slug":"top-5-high-potential-meme-coins-to-buy-this-april-2024","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-5-high-potential-meme-coins-to-buy-this-april-2024","title":{"rendered":"Top 5 High-Potential Meme Coins to Buy This April 2024"},"content":{"rendered":"<p>In April, the meme coin market thrives with a total market cap surpassing $63 billion, motivating us to explore the top meme coins for your portfolio this month.<\/p>\n<p>Meme coins are currently some of the hottest tokens in the crypto market. Known for their wild price swings, many <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-meme-coins\">top meme coins<\/a> have surged over 10,000% in recent months, leading investors to huge profits when they choose the right coin at the right moment.<\/p>\n<p>However, not every meme coin is a winner, so investors must be smart in identifying high-potential tokens before they take off. In this guide, we&rsquo;ll list the top 5 meme coins to purchase in 2024 and provide all the essential information investors need to know about investing in meme coins.<\/p>\n<p><iframe title=\"Top 5 Crypto MEME COINS to Buy in April (NEXT 50X Crypto?!)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/amPRU-wU0Bs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Dogecoin20 (DOGE20)<\/h2>\n<p>At the forefront is the renowned Dogecoin, set to launch in just 12 days with a twist. This upgraded version has already amassed over $10 million in market value and offers more than mere meme appeal. For comprehensive instructions on <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/how-to-buy-dogecoin20\">how to buy $DOGE20<\/a>, please refer to our detailed guide.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/dogecoin20\" rel=\"nofollow\">Dogecoin20<\/a> upholds the &ldquo;Do Only Good Every Day&rdquo; ethos like its predecessor, aiming to support charitable initiatives and community projects.<\/p>\n<p>Moreover, the team showcases expertise by introducing a <a href=\"https:\/\/insidebitcoins.com\/cryptocurrency\/crypto-staking\">staking<\/a> mechanism, allowing users to passively grow their investment with a 54% Annual Percentage Yield (APY), which will decrease with more tokens staked.<\/p>\n<p>Dogecoin20 also implements a capped supply, unlike the infinite supply of Dogecoin, to combat inflation and price dilution. Additionally, Dogecoin20&rsquo;s eco-friendliness sets it apart from the original version, operating on Ethereum&rsquo;s environmentally friendly Proof-of-Stake mechanism.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128021;<a href=\"https:\/\/twitter.com\/hashtag\/DOGE20?src=hash&amp;ref_src=twsrc%5Etfw\">#DOGE20<\/a> is greener and more versatile than the original <a href=\"https:\/\/twitter.com\/hashtag\/DOGE?src=hash&amp;ref_src=twsrc%5Etfw\">#DOGE<\/a> because it runs on Ethereum&rsquo;s Proof-of-Stake network.&#127793;<\/p>\n<p>Which is easily accessible and does not require a Proof-of-Work mining setup.&#128187;<\/p>\n<p>As an ERC-20 token it is easy to store in any popular self-custody wallet. &#128242; <a href=\"https:\/\/t.co\/hghmBYNSIw\">pic.twitter.com\/hghmBYNSIw<\/a><\/p>\n<p>&mdash; Dogecoin20 (@DOGE_COIN20) <a href=\"https:\/\/twitter.com\/DOGE_COIN20\/status\/1768925225440223451?ref_src=twsrc%5Etfw\">March 16, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>These advantages, coupled with an impending Doge Day Initial Exchange Offering (IEO), indicate a promising future. Traders can still acquire Dogecoin20 at its fixed presale price, but with only 12 days remaining until Doge Day, they must act swiftly. Check out our <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/dogecoin20-price-prediction\">$DOGE20 price prediction<\/a>&nbsp;for insights on its future value.<\/p>\n<h2>dogwifhat (WIF)<\/h2>\n<p>Dogwifhat, a Solana-based meme coin, has garnered attention with a market cap nearing $4 billion, surpassing Pepe to become the third-largest meme token. Its price exceeded $4 on March 28, marking a significant increase since launch.<\/p>\n<p>The &ldquo;dogwifhat&rdquo; meme originated from a photo of a Shiba Inu wearing a beanie, gaining popularity on Twitter in late December 2019. WIF entered the market in December 2023 at $0.001555, reaching $0.30 by month-end before dropping to $0.08 in January, highlighting the speculative nature of meme coins.<\/p>\n<p>Inspired by Dogecoin, dogwifhat&rsquo;s value is solely speculative. Despite hitting an all-time high of $4.64 on March 30, it dropped by over 20% last week to trade at $3.6. Despite the decline, WIF ranks 36th in market capitalization at $3.64 billion, favored by retail investors for its volatility, indicating continued significant price fluctuations.<\/p>\n<h2>BOOK OF MEME (BOME)<\/h2>\n<p>BOOK OF MEME (BOME), a new addition to the Solana network, quickly grabbed attention by listing on Binance within 48 hours of launch and reaching a billion-dollar market cap in the same timeframe.<\/p>\n<p>As anticipation grows for the Bitcoin halving event on April 20, BOME experiences significant growth, with its price rising by 4.10% in the last 24 hours and 2% over the past week. Investors are watching meme coins like BOME closely, speculating that it could hit $0.05 post-halving.<\/p>\n<p>Currently trading at $0.014 with a market cap of $7.8 million and a trading volume of $366 million, BOME maintains bullish momentum and strong investor interest. Some analysts predict BOME to reach $0.06 by April&rsquo;s end.<\/p>\n<p>The upcoming Bitcoin halving, known for sparking bullish market sentiments and price surges, could benefit BOME and other meme coins. To achieve the $0.05 target, BOME must sustain its momentum, attract new investors, utilize its branding and community support, and seize potential viral marketing opportunities.<\/p>\n<h2>Pepe (PEPE)<\/h2>\n<p>Around this time last year, a new cryptocurrency named PEPE emerged, drawing inspiration from the popular internet frog meme Pepe. Unlike other meme cryptocurrencies, PEPE fully embraces its meme status.<\/p>\n<p>It adopts a no-tax policy and openly acknowledges its lack of practical use, making it appealing to investors interested in the meme trend. PEPE experienced a remarkable surge before facing a downturn along with the broader market decline.<\/p>\n<p>Despite being among the top meme coins, it proved susceptible to bearish pressure as market sentiment shifted and prices dropped significantly.<\/p>\n<p>Several factors contributed to its decline, including profit-taking by investors and the overall market downturn, affecting not only PEPE but also other Solana meme coins and potential high-growth assets.<\/p>\n<p>Despite its recent downturn, PEPE has seen a substantial 415% price increase since the beginning of the year. However, it is not considered a pump-and-dump coin, and a recovery is anticipated, particularly as it remains favored by influential investors in the cryptocurrency market.<\/p>\n<h2>Shiba Inu (SHIB)<\/h2>\n<p>Concluding our list is the well-established meme coin, Shiba Inu. Initially seen as a copy of Dogecoin, Shiba Inu has developed into a complex ecosystem. It has recently seen a significant surge in its token burn rate, burning over 24.2 million SHIB tokens in the last 24 hours, indicating a 61.02% increase in burn rate.<\/p>\n<p>The current circulating supply stands at a substantial 589.29 trillion tokens, emphasizing the importance of token burning events to maintain scarcity and ensure a robust ecosystem.<\/p>\n<p>Despite a 19.75% drop in the last 30 days, SHIB&rsquo;s price has experienced a notable uptick, currently trading at $0.000028, up 4.29% in the last 24 hours. Alongside this, trading activity has risen by 39.35%, with a 24-hour trading volume of $537.37 million, reflecting increasing interest from bullish investors.<\/p>\n<p>While SHIB may continue consolidating amidst anticipation of the Bitcoin halving event, its market cap nearing $17 billion and flourishing ecosystem position it for further expansion, cementing its significance in any meme coin portfolio.<\/p>\n<h3>Related<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/shiba-inu-price-prediction-shib-burn-rate-goes-center-stage-as-traders-rush-to-buy-dogecoin20-before-its-too-late\">Shiba Inu Price Prediction: SHIB Burn Rate Goes Center Stage As Traders Rush To Buy Dogecoin20 Before Its Too Late<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/top-5-solana-meme-coins-set-to-surge-bonk-bome-slerf-wif-and-sloth\">Top 5 Solana Meme Coins Set to Surge &ndash; $BONK, $BOME, $SLERF, $WIF, and $SLOTH<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-pepe-plunges-7-as-traders-migrate-to-this-solana-meme-coin-with-cex-listing-imminent\">Pepe Price Prediction: PEPE Plunges 7% As Traders Migrate To This Solana Meme Coin With CEX Listing Imminent<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/dogwifhat-price-prediction-could-wif-reach-new-highs-or-should-you-consider-dogecoin20-presale-for-early-gains\">dogwifhat Price Prediction &ndash; Could $WIF Reach New Highs, or Should You Consider Dogecoin20 Presale for Early Gains?<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Smog (SMOG) - 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Compare Brokers within Crypto, Forex &amp; Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/8e1628fe4ccc3a9cc2a84ed8e4b02a39","name":"Alvin Hemedez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1921_1697717356-96x96.png","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1921_1697717356-96x96.png","caption":"Alvin Hemedez"},"description":"Alvin is an Industrial Engineering graduate based in Calabarzon, Philippines. After university he took up a role as an e-commerce analyst for a leading e-commerce platform in the Philippines, Shopee PH. A long-time crypto enthusiast and trader interested in researching the best investments in the crypto space, he is also a freelance writer here at InsideBitcoins eager to share his knowledge with our readers. His particular interests lie in researching low cap crypto gems and pre-ICO projects.","sameAs":["https:\/\/www.linkedin.com\/in\/alvin-hemedez-6a3020236\/"],"url":"https:\/\/insidebitcoins.com\/news\/author\/alvinhemedez"}]},"og_video":"https:\/\/www.youtube.com\/embed\/amPRU-wU0Bs","og_video_type":"text\/html","og_video_duration":"400","og_video_width":"480","og_video_height":"270","ya_ovs_adult":"false","ya_ovs_upload_date":"2024-04-07T14:35:15+00:00","ya_ovs_allow_embed":"true"},"modified_by":"Alvin Hemedez","_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/502584"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1921"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=502584"}],"version-history":[{"count":7,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/502584\/revisions"}],"predecessor-version":[{"id":502667,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/502584\/revisions\/502667"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/502596"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=502584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=502584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=502584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}