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The Altcoin market continues its upward trajectory, led by Bitcoin (BTC). The memecoin market, a subset of the altcoin market, has recently made headlines with Dogwifhat (WIF) bringing significant profits to its investors, who are now in search of other altcoins that could replicate WIF’s success. Experts point to Dogecoin (DOGE), Shiba Inu (SHIB), and Myro (MYRO) as altcoins that could outshine WIF with their performances in April.
Dogecoin (DOGE)
Dogecoin’s primary asset, DOGE, has gained significant attention in the market due to its association with a popular internet meme featuring Shiba Inu. Surpassing the pivotal $0.2 mark amid the market’s rise, DOGE is attracting widespread interest from the crypto world. Over the past week, DOGE has seen a 28% increase and is emerging as a leading altcoin that could outperform major players like Dogwifhat’s WIF in terms of returns in April. Currently priced at $0.2092, DOGE has a market value of $30.06 billion and is considered a profitable option for investors seeking promising altcoin projects.
Shiba Inu (SHIB)
The Shiba Inu network’s primary asset, SHIB, has emerged as a significant player in the decentralized finance (DeFi) space, supported by a large community. Despite a slight decrease to $0.00003008 compared to yesterday, SHIB has experienced a strong 10% growth over the last week and a notable 117% surge over the past month.
Furthermore, the upcoming launch of Shiba Inu’s Layer 2 scaling solution, Shibarium, has accelerated SHIB’s burn rate. Experts are focusing on the possibility that the altcoin could bring significant gains to investors in April, potentially eclipsing WIF’s performance.
Myro (MYRO)
Built on the Solana network, the memecoin Myro’s primary asset, MYRO, has quickly gained popularity among crypto enthusiasts. Since its launch in January, MYRO has seen an impressive 1600% growth and is being touted as a strong competitor to WIF, with expectations of becoming a favored altcoin in April.