After a recent market dip that saw Shiba Inu (SHIB) and Avalanche (AVAX) register big losses, analysts have tipped the scales in favour of WW3 Shiba (WW3S), a new meme coin. This is mainly because the new cryptocurrency combines the power of memes with the key aspects of blockchain technology, making it one of the top altcoins to watch in this bullish cycle.
WW3 Shiba has been lauded as the best new cryptocurrency to buy for several reasons. The meme coin is attracting renowned Shiba Inu and Avalanche whales and is primed to soar by 580% during its presale.
With a market cap of $8.9 billion, Shiba Inu remains the second-largest meme coin after Dogecoin. Shiba Inu's market cap peaked at $21.16 billion on March 5 before investors started looking for alternative top altcoins to buy.
Analysts have warned that Shiba Inu could face selling pressure in the short term, pushing investors to buy new meme coins such as WW3 Shiba, one of the top altcoins to watch for new and experienced buyers. Whales are convinced that new projects will see huge upside potential when the U.S. Federal Reserve starts cutting rates in H2 or 2025.
An analyst claims that Avalanche is due for a relief rally after enduring several weeks of downward pressure that engulfed the entire crypto market. The leading DeFi altcoin fell 28% in the past month, leaving it trading at $32.70 at press time. Despite this price action, investors claim that Avalanche remains one of the best altcoins to hold.
Avalanche, just like the rest of the market, is not yet out of the bearish woods. On the bright side, analysts claim that Avalanche is one of the best DeFi altcoins to buy, as it has a total value locked (TVL) of $753 million. Analysts have given a bullish Avalanche price prediction, tipping it to reach $35 in the coming weeks.
Analysts have highlighted that WW3 Shiba (WW3S) is the best crypto investment due to its growing crypto community, well-thought-out tokenomics, and utility. WW3 Shiba is at the intersection of Meme coins, SocialFi, and Play-to-Earn (P2E).
The WW3 Shiba ecosystem will be wide, allowing players to earn in-game rewards such as tokens and cash prizes. The team will lock its tokens for 3 years because they are in it for the long haul. Analysts say this shows that WW3 Shiba is one of the best new cryptocurrencies to buy, as it will likely be around for a long time.
Investors have been flocking to WW3 Shiba because of appetising staking rewards that go as high as 90%. It is also regarded as the best crypto investment of 2024, as its community is projected to grow quickly. Savvy investors buying WW3 Shiba at its lowest price during its presale are poised for 1,000x gains in the future. Analysts claim that WW3 Shiba is the best meme coin to buy now.
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